Corporate Milestones

2013

  • Completed acquisition of 79.57% of the effective stake in Deltamarin Oy
  • Incorporated an indirect wholly-owned subsidiary in Guangzhou, China – AVIC International Ship Development (Guangzhou) Co., Ltd., and an indirect wholly-owned subsidiary in Xiamen City, China – AVIC Ship (Xiamen) Co., Ltd.
  • New subsidiary, Deltamarin Oy, obtained design contract from Xiamen Shipbuilding Industry Co., Ltd. for the Basic (Approval) Design of the world's highest capacity Pure Car Truck Carrier
  • Change of name of company to "AVIC International Maritime Holdings Limited" ("AVIC Maritime")

2012

  • Secured a US$60 million contract for construction of five vessels
  • Held inaugural Annual General Meeting in Singapore
  • Incorporated a wholly-owned subsidiary in Singapore – AVIC International Ship Development Pte. Ltd., a wholly-owned subsidiary in Hong Kong – AVIC Ship Investments Limited, an indirect wholly-owned subsidiary in Singapore – AVIC International Offshore Pte. Ltd.
  • Entered into a conditional sale and purchase agreement in relation to the acquisition of Deltamarin Oy
  • Incorporated a wholly-owned subsidiary in Shanghai, China – AVIC International Ship Development (China) Co., Ltd.
  • Incorporated AVIC International Ship Engineering Pte. Ltd., a wholly-owned subsidiary in Singapore and AVIC International Marine Engineering Pte. Ltd., a special purpose vehicle in connection with the proposed acquisition of Deltamarin Oy
  • Incorporated AVIC International Marine Engineering (Lux), S.à r.l., as the Group's investment holding vehicle in connection with the proposed acquisition of Deltamarin Oy

2011

  • As part of a restructuring exercise, the personnel of the AVIC Shipbuilding Management Business of AVIC International Beijing were transferred to the Group from 1 January 2011
  • AVIC Maritime listed on the Mainboard of the Singapore Exchange in October 2011

2010

  • Incorporated AVIC international Investment Limited (now know as "AVIC Informational Maritime Holdings Limited")to be the holding company of the Group

2003-2008

  • Secured contracts for 39 vessels with an aggregate value of US$1.35 billion, before the global financial crisis
  • Expanded to engineering ships, such as dredgers, tug boats and offshore vessels, since 2008

2000

  • Set up a new division to focus on shipbuilding M&C Services
  • Secured contracts for two 27,000 DWT bulk carriers, two 35,000 DWT bulk carriers and two 51,000 DWT bulk carriers, when the industry was experiencing a downturn

1994

  • AVIC International Beijing began to provide shipbuilding M&C Services, when a Middle Eastern shipowner ordered five 21,000 deadweight tonnage ("DWT") multipurpose ("MPP") ships
  • Paved the way for the Chinese shipbuilding industry to begin exporting vessels using Export Credit financing arrangements