PaxOcean opens US$200m shipyard at Jalan Samulun
The hub is intended to serve as a collaborative “living lab” for decarbonisation.
PaxOcean has opened a new $200m shipyard at 5 Jalan Samulun.
The opening ceremony was officiated by Mr Murali Pillai, Senior Minister of State for Law and Transport, who described the new facility as both a significant investment in Singapore’s maritime infrastructure and a symbol of the sector’s continued transformation.
The 17.26-hectare shipyard replaces PaxOcean’s former Tuas Crescent facility and features two large graving docks, one floating dock, expanded quayside capacity and integrated workshops.
Designed to handle vessels up to Suezmax size, the yard supports complex newbuilding, repair, conversion and offshore projects, enhancing Singapore’s capabilities across the maritime value chain, PaxOcean said.
In his opening address, Murali Pillai noted that shipyards have played a central role in Singapore’s economic development, from early dry docks in the 19th century to modern commercial facilities that underpin the country’s status as a leading international maritime centre.
The new PaxOcean shipyard, built on the former site of Jurong Shipyard, reflects how the sector continues to adapt to changing technologies and global demands, he said.
A key feature of the new facility is Innovation Hub@5JS, or iHub5, which PaxOcean describes as the first purpose-built innovation hub within a Singapore shipyard.
The hub is intended to serve as a collaborative “living lab” for decarbonisation, digitalisation, advanced manufacturing and sustainable maritime solutions, with support from the Economic Development Board (EDB).
Beyond infrastructure and technology, the minister emphasised workforce development as a key priority.
He said iHub5 and the planned Centre of Excellence would create new multidisciplinary career pathways, attracting engineers, researchers and scientists to the maritime sector and strengthening Singapore’s talent pipeline.