Nature of Business
POSH is the largest Asia-based international operator of offshore support
vessels, with a diversified fleet servicing offshore oil and gas E&P activities.
A member of the well-established Kuok Singapore Group, POSH was
incorporated as a wholly-owned subsidiary of Pacific Carriers Limited (PCL) in
2006. In August 2007, we acquired PSA Marine's offshore business consisting of
SEMCO Pte. Ltd. (now known as POSH Semco Pte. Ltd.), a leading FPSO
towage operator, and Maritime Pte. Ltd. (now known as POSH Maritime Pte. Ltd.),
one of Asia's leading transportation and installation operators, and various ship
owning entities. The combined assets, experienced project background and
track record of these companies have enhanced POSH's leadership position in
the oil and gas support industries.
Our core competencies spread across four key business divisions: Offshore
Supply Vessels, Transportation & Installation, Offshore Accommodation and
Harbour Services & Emergency Response.
POSH's large and diverse fleet, coupled with our ability to provide value-added
services, enables us to deliver comprehensive solutions to our customers,
thereby setting us apart. Our involvement across a wide scope of the offshore
oilfield services through our different business segments enables us to better
understand and respond to our customers' needs and allows us to anticipate
future offshore oilfield service needs. Our highly experienced team has been
recognised by customers for their professionalism and commitment to service
quality and safety. In addition, our long and impeccable track record serves as a
benchmark for us to continuously raise the bar on operational excellence.