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Malaysian Industrial Development Authority (MIDA) received seven new
applications in the shipbuilding and ship repairing industry in 2004.
Total investments from applications amounted to RM70.8 million, of which
almost 95 per cent or RM66.9 million was domestic sources and RM3.9 million
foreign.
The shipbuilding and ship repairing industry is a major component of the
marine sector and provides spin-offs to other sectors, such as
telecommunications, insurance, banking and finance, storage, bulk breaking
of goods and port services.
Six projects were approved with investments totaling RM63.4 million in 2004.
Three projects for shipbuilding and repairing amounted to RM36.9 million,
two projects for manufacture of water jet propulsion system for the marine
industry with investment value at RM15.4 million and one project to
manufacture hovercraft worth RM10.1 million approved.
The manufacture of water jet propulsion system is currently one of the
fastest growing methods of ship propulsion.
The project is the first of its kind in Malaysia and technology for the
manufacture of the system is sourced from Daesung Marine Technology Company
of Korea.
Currently, there are six large shipyards with shipbuilding/ship repairing
capabilities.
These are Malaysian Shipyard and Engineering, PSC-Naval Dockyard, Sabah
Shipyard, Ramunia Shipyard, Sasacom and Muhibbah Marine Engineering.
The shipyards have the technology and capability to undertake construction,
repair and refurbishment of various types of ocean-going vessels of steel,
aluminium and other materials.
Malaysian shipyards have the capability to build vessels up to 30,000 dead
weight tonne (DWT) and repair vessels of up to 400,000 DWT.
The biggest shipyard in the country, Malaysia Shipyard and Engineering Sdn
Bhd (MSE) has successfully completed the dry-docking repair and special
survey for the LNG carriers belongs to the Malaysia International Shipping
Corporation Bhd recently.
This has made MSE is now able to undertake the dry-docking works for all of
MISC's LNG tankers, as well as those of other worldwide LNG carrier owners
and operators.
Some of these shipyards have also diversified into heavy engineering metal
fabrication activities, such as PSC-Naval dockyard, which has ventured into
the fabrication of container cranes.
In addition to the six large shipyards, there are more than 70 smaller
shipyards in operation, producing mainly wooden hulls for fishermen, small
ferries, tugboats, barges and patrol boats for the domestic market |
