Malaysia aims to capture two per cent of the global shipbuilding industry by 2020
Malaysia aims to capture two per cent of the global shipbuilding industry by 2020 from one per cent in 2010, President andChairman of the Association of Marine Industries of Malaysia (AMIM) Tan Sri Ahmad Ramli Mohd Nor said. Over the medium-term, demand for all offshore vessel types is expected to increase by 3.7% per year on average over the next ten yearsdriven by the developments of deep offshore fields. Currently, there are over 80 active shipyards in Malaysia specializing in building steel, aluminium and fiberglass vessel especially for near coastal and OSV type of vessel. Malaysian-made vessels are exported world-wide mainly to its neighboring country – Singapore and Indonesia, and including Middle East, Europe and Australia.
The Shipbuilding Industry In Sarawak
SBSR industry in East Malaysia is highly vibrant and become the 5th largest income for Sarawak. The industry will continue to be seen as one of the 10 major industries to be developed in Sarawak. From Sarawak alone, the SBSR industry generated revenue of RM2.83 billion in 2013 and succeededin creating more business and employment opportunities for the local people. Having a total of 40 shipyards, Sibuis the main shipbuilding hubwith 127 vessels produced in 2013 which contributes to 54% of total Malaysian newbuilt vessel. The industry is getting a full support from State’s Government with the opening of SBSR hub in Tanjung Manis that will increase the capacity of Sarawak’s shipyards in building bigger vessel.
Boustead Heavy Industries Corp Bhd (BHIC) sealed deal to position Malaysia as a regional shipyard centre
Boustead Heavy Industries Corp Bhd (BHIC)’s associate Boustead Naval Shipyard Sdn Bhd has sealed a deal to position Malaysia as a regional shipyard centre for ship repair and ship maintenance. The pact will see BN Shipyard acquiring specialist South Korean consulting and advisory services in ship maintenance, repair and overhaul (MRO). BHIC managing director Tan Sri Ahmad Ramli Mohd Nor said by collaborating with MMAM, it is able to acquire South Korea’s best shipyard practices, which in turn will allow BN Shipyard to increase its productivity and meet delivery goals.