Miclyn Express Offshore
Address: 3 HarbourFront Place, #11-01/04 HarbourFront Tower 2, Singapore 099254
Tel: +65 65456211
Company descriptionMiclyn Express Offshore is a leading provider of service vessels to the expanding offshore oil and gas industry across South-East Asia, Australia and the Middle East. The Group is headquartered in Singapore and has been operating through its predecessor entities since the 1970s.
The Group charters a diverse range of OSVs, Crew/Utility Vessels, Barges and Coastal Survey Vessels to a wide range of customers operating across all phases of the offshore oil and gas cycle, namely: exploration, development and production. Vessel Chartering is Miclyn Express Offshore's primary business and accounted for 98.5% of the Group's FY2009 revenues. Miclyn Express Offshore has a strong local presence in many of its markets with access to support centres in Indonesia, Saudi Arabia, Thailand and the United Arab Emirates and joint ventures and agency agreements in Thailand, Indonesia and Saudi Arabia.
Miclyn Express Offshore also provides chartering services to the marine civil construction industry, in particular providing Barges to support major projects.
The Group operates a vertically integrated business model through its Vessel Chartering and Shipyard businesses. The Shipyard provides in-house vessel newbuilding, conversion, repair and maintenance services, as well as third party vessel conversion, repair and maintenance services when spare capacity exists. The Shipyard is strategically located in Batam, Indonesia, approximately 20km off the coast of Singapore, providing the Group with a competitive cost and time advantage and enabling it to utilise the Shipyard as a berthing base for its fleet deployed in South-East Asia.
Miclyn Express Offshore has a strong pipeline of growth opportunities and has a capital structure in place to pursue these opportunities in line with an identified growth strategy. In particular, the Group has a strategy to take advantage of opportunities in the high growth markets of Australia, Indonesia, Malaysia, Qatar and Thailand.
The Group's growth strategy was further complimented by its recent investment in Samson Maritime (http://www.samsonmaritime.com.au). The acquisition provides Miclyn Express Offshore with immediate access to the anticipated growth in Samson's business as well as a platform for injecting its own vessels into charter opportunities in Australia, including the significant activity anticipated in the North-West Shelf oil and gas projects.
We employ more than 200 shorebased staff (including shipyard) and more than 500 seagoing staff.
Products and servicesOur comprehensive range of vessel chartering services include the following :
•Ocean going towage.
•Survey chase support.
•Topside maintenance support.
•Civil construction marine support.
•Off port supply.