New Paxocean Shipyard Opened In Singapore

New State-of-the-Art PaxOcean Shipyard Launched in Singapore

PaxOcean, part of the Kuok Maritime Group, has inaugurated a S$200 million shipyard in Singapore’s Jurong Industrial Estate. Spanning 17.26 hectares, the facility features two large graving docks and a floating dock, enhancing project efficiency. Over the next three years, PaxOcean will invest S$3.5 million in R&D for sustainable maritime solutions.

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Singapore’S First Fully Electric Tug Commissioned Ahead

Singapore Debuts First Fully Electric Tugboat Ahead of Schedule

PaxOcean Group and ABB have launched Singapore’s first fully electric tug, PXO-ACE-1, enhancing the city-state’s harbor craft electrification efforts. Set for deployment in April 2026, this 50-tonne tug features ABB’s advanced electric propulsion system, aligning with the Maritime and Port Authority’s 2030 sustainability goals for harbor vessels.

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Maritime Insurance Implications of Oil Pollution Penalties in Singapore

Oil spills from bunkering operations in Singapore pose serious risks for shipowners and crews, including heavy fines and imprisonment. The Maritime and Port Authority emphasizes pollution prevention and mandates strict adherence to guidelines. Immediate reporting of incidents is crucial, as responsibility lies with the ship’s master and crew to prevent spills.

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India-Singapore Collaborate on Green and Digital Shipping Corridor

On September 4, 2025, Singapore and India signed a memorandum of understanding in New Delhi, launching a Green and Digital Shipping Corridor. This initiative aims to enhance maritime decarbonization and digitization, facilitating zero-emission operations and promoting innovative green technologies. The partnership builds on earlier commitments to revolutionize the maritime sector.

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