New Floating Dock (Dock 8) in PaxOcean Batam yard300m x 59m 82,000 TLC

Corporate Presentation

Sep 2019

Our Parentage

PROPERTIES HOSPITALITY

LOGISTICSOTHERS

FOOD & AGRI

Maritime

Agri-

Solutions

Property

Key Milestones

2007 2011 2012 2014 2016 2018Apr

2019

PaxOcean Zhuhai

was formed as a JV

with Guangdong

Yuexin Ocean

Engineering

PaxOcean Zhoushan

yard started operation

and welcomed first

Jack Up COSL 942 for

drydocking

Acquisition of

67% of DDW

SEA and

renamed

DDW-

PaxOcean Asia

Rebranding of

the 6 shipyards

as the PaxOcean

Group

PaxOcean Graha Batam

successfully completed

15th Jack-Up Rig

Delivery of

26,000m3 FSRU in

PaxOcean

Zhoushan

PaxOcean Holdings

acquired 100% shares

of DDW PaxOcean Asia

and renamed as

PaxOcean InternationalPaxOcean Holdings

acquired 100% shares

of PaxOcean Zhuhai

Oct

2019

Completed

3 units Dual-

Fuel LNG Tugs

order

PaxOcean Group of Shipyards

PaxOcean Singapore PaxOcean Zhuhai

PaxOcean Graha

Zhoushan, China

Zhuhai, China

Singapore

Batam, Indonesia

PaxOcean Zhoushan

PaxOcean Pertama PaxOcean Nanindah

Group Structure

Kuok Singapore Limited

SINGAPORE CHINA CHINA BATAM

PaxOcean Holdings Pte Ltd(PHPL)

PaxOcean

BatamPaxOcean

ZhoushanPaxOcean

Zhuhai

PaxOcean

Singapore

Newbuilding

Ship Repairs & Conversion

O&G and Offshore Activities

Legend

BASED IN SINGAPORE

Marketing &

Commercial

Engineering

& DesignProcurement

PaxOcean Singapore – Yard Layout

Total Area: 110,000 m2

Docking up to Handymax-Sized Vessels

Afloat repairs up to Panamax-Sized Vessels

Floating Dock

DOCK LENGTH WIDTH TLC

No. 1 122 M 22 M 3,400

No. 2 195 M 34 M 16,000

No. 3 187 M 36 M 16,000

1

23

PaxOcean Pertama – Yard Layout

Total Area: 272,000 m2 Floating Dock

DOCK LENGTH WIDTH TLC

No. 1 97 M 24 M 3,200

No. 2 186 M 36 M 16,000

Dock V 235 M 40 M 22,000

Dock 8 300 M 59 M 82,000

Docking up to Capesize Vessels

Afloat repairs up to VLCC-Sized Vessels

PaxOcean Graha- Yard Layout

Total Area: 495,000 m2

Building Berths 3 nos. 80 M x 80 M

2 nos. 170 M x 50 M

Berth 455 M

Equipment Mobile cranes up to 1,250 T

PaxOcean Nanindah – Yard Layout

Total Area: 546,000 m2

Berthing Wharf 2,500 M

Workshop Area 31,900 M2

Equipment Cranes up to 600 tons SWL

PaxOcean Zhoushan – Yard Layout

Total Area: 800,000 m2

Graving Dock

DOCK LENGTH WIDTH

Central 400 M 106 M

West 380 M 80 M

PaxOcean Zhuhai – Yard Layout

Total Area: 200,000 m2

Piping Workshop / Warehouse II

Floating Dock

Launchway 1 & 2

Launchway 3

Office Building Dormitories

Hull Workshops

Blasting & Painting Chambers

2 bay, 210m X 28m

90m X 26m4,000Tons

Twin Tracks,110m X 38m

Core Activities

Offers innovative and cost-effective fast-track

conversions. Past conversion projects include

Livestock Carriers, Compact Semi-

submersible Accommodation Vessels, Cable

Laying Barges, Offshore Support Vessels,

Tankers and FPSOs.

Conversions

Successful delivery of Jack-up drilling Rigs,

Liftboats, OSVs (AHTS, PSVs, Multi-Purpose

Offshore Support Vessels, Pipe Lay Heavy Lift

Construction Vessels, Subsea Support

Vessels), Tugs as well as Commercial Vessels

Tankers, Cement Carriers and Bulk Carriers.

Newbuilding Ship Repairs

Vast experience in the repairs of Dredgers,

Capesize Bulk Carriers, LPG Tankers, Chemical

/ Product Tankers, Ro-Ro Vessels, Seismic /

Heavylift vessels, Hopper Barges, Cement

Carriers, Offshore Support Vessels and Jack-

up Drilling Rigs.

Project management expertise to deliver

high quality LNG solutions to serve the

increasing demand in the energy and marine

markets. Our suite of gas solutions can

effectively bring liquid to gas, liquid to power

in a cost effective manner.

Solutions

Newbuilding - Selected Track Record

Type of Vessel No. of Vessel

FSRU 1

Dual Fuel LNG Tug 3

Platform / Offshore Supply Vessel 107

Cable Laying Vessel 5

Crude /Product Tanker 13

Chemical Tanker 3

Container Vessel / Carrier 11

Split Hopper Vessel 9

Trailing Suction Hopper Dredger 1

Pontoon / Barges 5

Caisson / Floating Dock 5

975m3 Spilt Hopper BargeLihr Gold Limited2019

5,000 DWT Chemical TankerPT AKR Sea Transport2018

17,500 DWT Product Oil Tanker

CJ46 Gusto MSC

Jack Up Drilling Rig2016Floating Dock

68m(L) x 24m(W) 20,000 TLC 2016

2018 3,200 BHP ASD Tugs

2019

Conversions

Conversion of Crude Oil Tanker

to FSO Barakuda Natuna2018

Conversion of Crane Pontoon

to Geotextile Laying Pontoon2016Conversion of Flat Top Barge to

Cable Laying Barge2016

Conversion of Offshore Supply

Vessel to Water Injection Dredger

Ship Repairs

Gas Carrier Chemical/Product Tankers Bulkers/Container Vessel OthersOSV/Tug White Boats

Renewable Energy Solutions

Heavy Lift Crane Vessel

Offshore transport and installation

Service Operation Vessels (SOVs)

Offshore support and maintenance

Cable Laying Vessel

Offshore wind cable laying

Turbine Installation VesselOffshore transport and installation

Length 185M

Crane Capacity 2,500T

Length 74M 117M

Draft 7.5M 5.9M

Main Deck Area 1,000m² 2,500m²

Water Depth 42.5M 80M

Main Crane 1 x 300T 1 x 75T

Length 80M 84M

Draught 5M 6M

Accommodation 60pax 60Pax

Length 109M

Depth 7.1M

Aft Deck Crane 50 tonnes @ 12 metres

Mid Deck Crane 20 tonnes @ 12 metres

Cable Carousel 5000T Power Cables

Delivering LNG Solutions

LNG Bunkering

FLNG

Floating

Power Plants

Liquid to Power Solutions

60 MW

100 MW

140 MW

200 MW

250 MW

Transportation

3,500 m3 LNG Carrier

7,500 m3 LNG Carrier

8,000 m3 LNG Carrier

15,000 m3 LNG CarrierLiquid to Gas

Solutions

15,000 m3 FSRU

25,000 m3 FSRU

30,000 m3 FSRU

LNG Solutions

LNG Fueled ASD Tug

Client

Vessel Type

Tank Capacities

Design

Status

5,000PS ASD LNG Tug

IMO Type C – 1 x 20m3

PaxOcean

In operation since Aug 2019

Client

Vessel Type

Tank Capacities

Design

Status

50T BP LNG Harbour Tug

IMO Type C – 1 x 25m3

Robert Allan

In operation since Jul 2019

Client

Vessel Type

Tank Capacities

Design

Delivery

50T BP LNG Harbour Tug

IMO Type C – 1 x 26m3

Wartsila

Targeted Oct 2019

LNG Solutions

LNG Tank Capacity

Regas Capacity

Construction Yard

Design

Scope

Status

4 x 6,500 M3 Independent Type C Tank

2 x 25mmscfd @12 bar(g)

PaxOcean Zhoushan

PaxOcean

Engineering, Procurement, Construction

In Operation since Oct 2018 in Benoa Port, Bali

26,000m3 FSRU

LNG Solutions

Floating Storage

Regasification Unit (FSRU)

Vessel

Type15,000m3 30,000m3

LNG

Tank

IMO Type C

2x 7,500m3

IMO Type C

4x 7,500m3

Gas Send

out Rate

2x15mmscfd

@45 bar(g)

3x20mmscfd

@45 bar(g)

LNG Carrier

Vessel

Type1,500m3 3,500m3 7,500m3 20,000m3 30,000m3

LNG Tank

IMO

Type C

2x

750m3

IMO

Type C

2x

1,750m3

IMO

Type C

2x

3,750m3

IMO

Type C

3x Bilobe

IMO

Type C

4x Bilobe

Floating Power Plant

Power

(net)

Train

30MW

DF/ Gas

Engine

100MW

CCGT

200MW

LNG CCGT

LNG

Tank- -

IMO Type C

4x 6,500m3

Power

Train4 x 9.8MW

1x 75MW GT

1x 38MW ST

1x OTSG

80/7bar

3x 54MW GT

1x 49MW ST

3x OTSG

80/7bar

Group Achievement

NEWBUILDING 600+Vessels and Barges

Across major vessel classes, including

15 Jack up Rigs and Liftboats

“Aurora V”

56m RoRo/Passenger Ship

Drilling Jack-Up Barge “OSA Goliath”

DP3 Offshore Construction Vessel

“Pac Cekap”

500 TEU Container Vessel

Group Achievement

CONVERSIONSSuccessfully delivered

51 Conversions

“Frontier Duchess”

Drillship Upgrading

“Geo Natuna”

Offshore Support Vessel to Seismic Vessel

“Sea Fortune”

Tanker to FPSO

“Posh Bawean”

Upgrading to Accommodation Vessel

Group Achievement

REPAIRS

Repaired over 3000 Vessels

“COSL 942”

Jack Up Drilling Rig

“Rio Illapel”

47,020 DWT Vehicle Carrier CSAV

“Pearl River”

Lengthening of Vessel“Ore Brasil”

400,000 DWT VLOC

“Leiv Eiriksson”

Heavy Dredger

Avg. 480 vessels per year

New Additions

Our Customers

Thank Youwww.paxocean.com

Corporate Office : No. 1 Kim Seng Promenade #07-02

Singapore 237994

Tel : (65) 6737 7300

Email : marketing@paxocean.com

PaxOcean Group