Corporate Presentation June 2019 Our Parentage PROPERTIES - PowerPoint PPT Presentation

Corporate Presentation June 2019

Our Parentage PROPERTIES HOSPITALITY Maritime FOOD & AGRI Property LOGISTICS OTHERS Agri- Solutions

Key Milestones PaxOcean Holdings Acquisition of PaxOcean Zhuhai PaxOcean Graha acquired 100% 67% of DDW was formed as a JV Batam successfully shares of DDW SEA and with Guangdong completed 15 th PaxOcean Asia and renamed DDW- Yuexin Ocean Jack-Up Rig renamed as PaxOcean Asia Engineering PaxOcean Holdings PaxOcean acquired 100% shares International of PaxOcean Zhuhai Apr 2007 2007 2011 2011 2012 2012 2014 2014 2016 2016 2018 2018 2019 2019 PaxOcean Zhoushan Rebranding of Delivery of 26,000m 3 yard started operation the 6 shipyards FSRU in PaxOcean and welcomed first Jack as the Zhoushan Up COSL 942 for PaxOcean drydocking Group

PaxOcean Group of Shipyards Zhoushan, China Zhuhai, China PaxOcean Singapore PaxOcean Zhoushan PaxOcean Zhuhai Singapore Batam, Indonesia PaxOcean Graha PaxOcean Nanindah PaxOcean Pertama

Group Structure Kuok Singapore Limited Based in Singapore Legend Marketing & Commercial Newbuilding PaxOcean Holdings Pte Ltd (PHPL) Ship Repairs & Conversion Engineering Procurement & Design O&G and Offshore Activities PaxOcean PaxOcean PaxOcean PaxOcean Singapore Batam Zhoushan Zhuhai CHINA SINGAPORE CHINA BATAM

PaxOcean Singapore – Yard Layout 2 3 1 Floating Dock Total Area: 110,000 m 2 DOCK LENGTH WIDTH TLC No. 1 122 M 22 M 3,400 Docking up to Handymax-Sized Vessels No. 2 195 M 34 M 16,000 Afloat repairs up to Panamax-Sized Vessels No. 3 187 M 36 M 16,000

PaxOcean Pertama – Yard Layout Floating Dock Total Area: 272,000 m 2 DOCK LENGTH WIDTH TLC Docking up to Panamax-Sized Vessels No. 1 97 M 24 M 3,200 Afloat repairs up to VLCC-Sized Vessels No. 2 186 M 36 M 16,000 Dock V 235 M 40 M 22,000 “New Dock” 300 M 59 M 82,000 (ready by Aug 2019)

PaxOcean Graha- Yard Layout Building Berths 3 nos. 80 M x 80 M 2 nos. 170 M x 50 M Total Area: 495,000 m 2 Berth 455 M Equipment Mobile cranes up to 1,250 T

PaxOcean Nanindah – Yard Layout Total Area: 546,000 m 2 Berthing Wharf 2,500 M Workshop Area 31,900 M 2 Equipment Cranes up to 600 tons SWL

PaxOcean Zhoushan – Yard Layout Graving Dock DOCK LENGTH WIDTH Total Area: 800,000 m 2 Central 400 M 106 M West 380 M 80 M

PaxOcean Zhuhai – Yard Layout Office Building Dormitories Piping Workshop / Warehouse II Launchway 3 Hull Workshops Launchway 1 & 2 Twin Tracks, 110m X 38m 2 bay, 210m X 28m Blasting & Painting Chambers Floating Dock Total Area: 200,000 m 2 90m X 26m 4,000Tons

Core Activities Newbuilding 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. Conversions 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. 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.

Newbuilding 975m 3 Spilt Hopper Barge 5,000 DWT Chemical Tanker 17,500 DWT Product Oil Tanker 2019 2018 Lihr Gold Limited PT AKR Sea Transport 2018 3,200 BHP ASD Tugs 80T Bollard Pull ASD Tug Floating Dock 2018 2016 2018 68m(L) x 24m(W) 20,000 TLC 8000m 2 Livestock Carrier CJ46 Gusto MSC 84m Compact Semi- 2015 2016 2009 Jack Up Drilling Rig submersible Offshore Vessel Siba Ships

Conversions Conversion of Crude Oil Tanker Conversion of Offshore Supply to FSO Barakuda Natuna 2019 2018 Vessel to Water Injection Dredger Conversion of Crane Pontoon Conversion of Flat Top Barge to 2016 2016 to Geotextile Laying Pontoon Cable Laying Barge

Ship Repairs Gas Carrier Chemical/Product Tankers OSV/Tug Others Bulkers/Container Vessel White Boats

Pax_Solutions – Exhaust Gas Cleaning Systems Completed Scrubber Retrofitting Project After Sale Support Vessel Bulk Carrier Select Candidate Vessel. Commissioning / Economic/feasibility Study Turnaround time Under 20 days Testing Repair Yard PaxOcean Batam Delivery March 2019 3D Scanning / EGCS Pre-engineering Installation Upcoming Projects in Year 2019/2020 PaxOcean Batam 4 x Bulk Carriers Class Approval PaxOcean Zhoushan 5 x Bulk Carriers Select EGCS Manufacturer 3 x Capesize Vessels 4 x Container Vessels 8 x VLCC Engineering Design 11 x VLOC Contract for EGCS Design & Fabrication

Delivering LNG Solutions LNG Bunkering FLNG Transportation 3,500 m 3 LNG Carrier 7,500 m 3 LNG Carrier 8,000 m 3 LNG Carrier 15,000 m 3 LNG Carrier Liquid to Gas Solutions 15,000 m 3 FSRU Floating 25,000 m 3 FSRU Power Plants 30,000 m 3 FSRU Liquid to Power Solutions 60 MW 100 MW 140 MW 200 MW 250 MW

LNG Solutions LNG Fueled ASD Tug (In-Progress) South – East Asia Port Operators Owner 50T BP DF Harbour 50T BP DF 5000PS ASD Vessel Type Tug Harbour Tug LNG DF Tug IMO Type C IMO Type C IMO Type C LNG Tank Capacities 1x 26m 3 1x 25m 3 1x 20m 3 Estimated Delivery Oct 2019 Aug 2019 July 2019 Progress photo in PaxOcean Zhuhai 20 March 2019 Design Wartsila Robert Allan PaxOcean Progress photo in PaxOcean Batam 3 June 2019

LNG Solutions Floating Storage LNG Carrier Floating Power Plant Regasification Unit (FSRU) Power 30MW Vessel 100MW 200MW Vessel 15,000m 3 30,000m 3 (net) DF/ Gas 1,500m 3 3,500m 3 7,500m 3 20,000m 3 30,000m 3 CCGT LNG CCGT Type Type Train Engine LNG IMO Type C IMO Type C LNG IMO Type C - - Tank 2x 7,500m 3 4x 7,500m 3 Tank 4x 6,500m 3 IMO IMO IMO IMO IMO Type C Type C Type C Type C Type C LNG Tank 1x 75MW GT 3x 54MW GT 2x 2x 2x Gas Send 2x15mmscfd 3x20mmscfd Power 1x 38MW ST 1x 49MW ST 750m 3 1,750m 3 3,750m 3 3x Bilobe 4x Bilobe 4 x 9.8MW out Rate @45 bar(g) @45 bar(g) Train 1x OTSG 3x OTSG 80/7bar 80/7bar

LNG Solutions 26,000m 3 FSRU LNG Tank Capacity 4 x 6,500 M 3 Independent Type C Tank Regas Capacity 2 x 25mmscfd @12 bar(g) Construction Yard PaxOcean Zhoushan Design PaxOcean Scope Engineering, Procurement, Construction Delivery Oct 2018

Group Achievement 600 + Vessels and Barges NEWBUILDING Across major vessel classes, including 15 Jack up Rigs and Liftboats Drilling Jack-Up Barge “OSA Goliath” DP3 Offshore Construction Vessel “Aurora V” “Pac Cekap ” 56m RoRo/Passenger Ship 500 TEU Container Vessel

Group Achievement CONVERSIONS Successfully delivered 51 Conversions “Frontier Duchess” Drillship Upgrading “Sea Fortune” Tanker to FPSO “Geo Natuna ” “Posh Bawean ” Offshore Support Vessel to Seismic Vessel Upgrading to Accommodation Vessel

Group Achievement Repaired over 3000 Vessels Avg. 450 vessels per year “COSL 942” “Rio Illapel ” Jack Up Drilling Rig 47,020 DWT Vehicle Carrier CSAV REPAIRS “Pearl River” “Ore Brasil” “Leiv Eiriksson” Lengthening of Vessel 400,000 DWT VLOC Heavy Dredger

Our Customers New Additions

Thank You www.paxocean.com PaxOcean Group Corporate Office : No. 1 Kim Seng Promenade #07-02 Singapore 237994 Tel : (65) 6737 7300 Email : marketing@paxocean.com