About Us ASL Marine Holdings Ltd

History

Corporate Profile | History | Corporate Information

1974The ASL Group started operations in 1974 in Singapore as a sole proprietorship of Mr Ang Sin Liu engaged in the trading of scrapped steel material under the name "Ang Sin Liu Hardware".
1982With the increase in construction activity in the 1980s, Ang Sin Liu Construction (Pte) Ltd ("Ang Sin Liu Construction") was incorporated to undertake building construction works.
1986Ang Sin Liu Hardware purchased the lease of a shipyard land in Jurong to undertake ship-breaking activities
1988Ventured into shipbuilding. First barge completed and sold.
1989We tapped into the growing domestic and Indonesian market for ship chartering and logistics services by diversifying our business into the provision of tugs and barges.
1990Completed and delivered our first bunkering tanker for a local customer.
1992Incorporated Ang Sin Liu Shipyard Pte Ltd
1992 -1995Completed and delivered a series of 4 bunkering tankers for the Singapore Shipping Group.
1996Purchased the leased hold shipyard land in Batam, Indonesia. Incorporated PT ASL Shipyard Indonesia.

1997Admist Asian financial crisis, ASL Project Services secured various contracts for the marine transportation of 1.0 million tonnes of rocks and building of series of barges and lub oil tanker.
1998 -2003Completed and delivered a series of 17 units of harbour tugs for PSA Marine, Port of Napier and Redsea Marine.
2000Secured contract for transportation of 2.1 million tonnes of armoured rocks 1.75 million to the West Natuna Transportation System.
2002Our founder, Mr Ang Sin Liu resigned from our Board. He is currently an advisor to our Board.
2003ASL Marine was publicly listed on the main board of Stock Exchange of Singapore (SGX).
2005Commenced operation of 5000 tonne lifting capacity floating dock in Batam, Indonesia.
2006Commenced operation of new 260m x 60m graving dock. Incorporated Jiang Men Hongda Shipyard Ltd in Guangdong, China, our first investment in China where we held 60% stakes.
2007We secured the first shipbuilding contract for the construction of cutter suction dredger
2008Commencement of operation of 2 medium sized (230m x 32m and 180m x 28m) graving docks in Batam.
2012In December 2012, we acquired the 100% interest of VOSTA LMG, a specialist engineering company with bases in the Netherlands and Germany.