Singapore National Day 2013 - Part 1

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Discovery Reports

Entraco sets marine technological standards through partnership

Discovery Reports

PUBLISHED : Friday, 09 August, 2013, 4:20pm
UPDATED : Monday, 12 August, 2013, 2:38pm

Marine maintenance and asset management forerunner Entraco Venture Corporation and its group of companies (Entraco) are determined to provide top-quality services to Asia's offshore companies as demand for marine and oil and gas subcontracting works heightens.

As an international and quality marine service provider, Entraco offers hot dip zinc galvanising, tank cleaning and coating services, structural steel fabrication and paints supplies to marine and oil and gas companies in the region. The group's shipyard in Singapore uses in-house technology, enabling it to undertake various onshore and offshore turnkey projects. It also provides warehousing facilities to manage clients' heavy equipment and provides dormitory facilities to support clients' needs.

Branching out into rig building and asset management, Entraco evolved into a global one-stop solutions provider as its clients expanded overseas. Aside from the domestic market in Singapore, Entraco's business offerings extend to Australia, Europe, Latin America, the Middle East and Southeast Asia.

"We expand together with our clients," says Entraco director Teng Choon Kiat. "We form long-term relationships with clients to enable us to work together and support them wherever they are."

Constant interactions with shipowners and customers such as Sembcorp Marine, ABB, BW Offshore, MODEC, SBM Offshore, PetroVietnam and Keppel Offshore & Marine propelled Entraco for growth, developing the group's reputation for providing reliable services.

Dedicated to using technological advancements to deliver safe, cost-effective and environment-friendly products, Entraco collaborates with equipment manufacturers to create groundbreaking intelligent machines. Its longtime partnership with global crane manufacturer Palfinger generated a series of innovative and automated equipment, including an automated hull hydro-blasting and painting machine that will significantly bring down labour costs and improve productivity. The newly launched equipment reduces a 60-man operation to a 30-man activity.

"Our strategic alliances with companies such as Palfinger and Sherwin-Williams greatly bolster our services," Teng says. "We aim to build even stronger partnerships as we set our eyes on Indonesia, Vietnam and Myanmar."

Entraco is looking to attract hi-tech partners that complement its development goals while scouting for long-term opportunities in the onshore refining industry.

Expanding its portfolio, Entraco is moving into building and chartering its own oil rigs. In addition to its existing operations, Entraco teams up with major oil players on drill platforms for Asia's shallow waters. It expects to deliver its first oil rig next year.

"We constantly innovate to stay at the forefront and form alliances to provide better, safer and more cost-efficient services that bring value to everyone," Teng says. "We are always open to new ways of working together, even with our competitors."

Entraco Venture Corporation