Boustead Heavy Industries (logo)
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Boustead Heavy Industries (logo)
Boustead Heavy Industries Corporation Berhad, () known for its subsidiary Boustead Naval Shipyard and often abbreviated as BHIC and BNS is a Malaysian industrial group specialised in naval and commercial shipbuilding as well as ship-related services. Its primary focus is shipbuilding, fabrication of offshore structures, as well as repair and maintenance of vessels and aircraft. The company is a public limited company and the largest shareholder is Lembaga Tabung Angkatan Tentera, a government statutory body which provides retirement benefits and a savings scheme for officers of the Malaysian Armed Forces, with a 58.69% stake. The second largest shareholder is Retirement Fund (Incorporated), Kumpulan Wang Persaraan, a company created by the Malaysian Government as an investment company, with a stake of 7.17%. The parent company is Boustead Holdings. History Boustead Heavy Industries was created in 2005 after a government enforced merger between Boustead Holdings, Boustead Ho ...
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Boustead Heavy Industries (logo)
Boustead Heavy Industries Corporation Berhad, () known for its subsidiary Boustead Naval Shipyard and often abbreviated as BHIC and BNS is a Malaysian industrial group specialised in naval and commercial shipbuilding as well as ship-related services. Its primary focus is shipbuilding, fabrication of offshore structures, as well as repair and maintenance of vessels and aircraft. The company is a public limited company and the largest shareholder is Lembaga Tabung Angkatan Tentera, a government statutory body which provides retirement benefits and a savings scheme for officers of the Malaysian Armed Forces, with a 58.69% stake. The second largest shareholder is Retirement Fund (Incorporated), Kumpulan Wang Persaraan, a company created by the Malaysian Government as an investment company, with a stake of 7.17%. The parent company is Boustead Holdings. History Boustead Heavy Industries was created in 2005 after a government enforced merger between Boustead Holdings, Boustead Ho ...
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Organisation
An organization or organisation (Commonwealth English; see spelling differences), is an entity—such as a company, an institution, or an association—comprising one or more people and having a particular purpose. The word is derived from the Greek word ''organon'', which means tool or instrument, musical instrument, and organ. Types There are a variety of legal types of organizations, including corporations, governments, non-governmental organizations, political organizations, international organizations, armed forces, charities, not-for-profit corporations, partnerships, cooperatives, and educational institutions, etc. A hybrid organization is a body that operates in both the public sector and the private sector simultaneously, fulfilling public duties and developing commercial market activities. A voluntary association is an organization consisting of volunteers. Such organizations may be able to operate without legal formalities, depending on jurisdiction, includ ...
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Australia
Australia, officially the Commonwealth of Australia, is a Sovereign state, sovereign country comprising the mainland of the Australia (continent), Australian continent, the island of Tasmania, and numerous List of islands of Australia, smaller islands. With an area of , Australia is the largest country by area in Oceania and the world's List of countries and dependencies by area, sixth-largest country. Australia is the oldest, flattest, and driest inhabited continent, with the least fertile soils. It is a Megadiverse countries, megadiverse country, and its size gives it a wide variety of landscapes and climates, with Deserts of Australia, deserts in the centre, tropical Forests of Australia, rainforests in the north-east, and List of mountains in Australia, mountain ranges in the south-east. The ancestors of Aboriginal Australians began arriving from south east Asia approximately Early human migrations#Nearby Oceania, 65,000 years ago, during the Last Glacial Period, last i ...
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United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the most populous country in the Americas and the third most populous in the world. The national capital of the United States is Washington, D.C. and its most populous city and principal financial center is New York City. Paleo-Americ ...
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Germany
Germany,, officially the Federal Republic of Germany, is a country in Central Europe. It is the second most populous country in Europe after Russia, and the most populous member state of the European Union. Germany is situated between the Baltic and North seas to the north, and the Alps to the south; it covers an area of , with a population of almost 84 million within its 16 constituent states. Germany borders Denmark to the north, Poland and the Czech Republic to the east, Austria and Switzerland to the south, and France, Luxembourg, Belgium, and the Netherlands to the west. The nation's capital and most populous city is Berlin and its financial centre is Frankfurt; the largest urban area is the Ruhr. Various Germanic tribes have inhabited the northern parts of modern Germany since classical antiquity. A region named Germania was documented before AD 100. In 962, the Kingdom of Germany formed the bulk of the Holy Roman Empire. During the 16th ce ...
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New Generation Patrol Vessels
The ''Kedah''-class offshore patrol vessels of the Royal Malaysian Navy (RMN) are six ships based on the MEKO 100 design by Blohm + Voss. Originally, a total of 27 ships were planned, but due to programme delays and overruns, only six were eventually ordered. Their construction began in the early 2000s, and by 2009, all six were in active service. The six vessels are named after Malaysian states. Classification While their size and tonnage implies the ''Kedah''-class ships to be corvettes, they are classified as ''offshore patrol vessels'' (OPVs) by the Royal Malaysian Navy, a category more common with law enforcement or coast guard vessels, not naval warships. This is rooted in the fact that the ''Kedah'' class was delivered in a condition named ''for but not with'', meaning that certain weapon systems were not included in the original purchase, but all provisions to install and use them, including sensors and electronics, are already present in the ships. The weapons themselves ...
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Government Of Malaysia
The Government of Malaysia, officially the Federal Government of Malaysia ( ms, Kerajaan Persekutuan Malaysia), is based in the Federal Territory (Malaysia), Federal Territory of Putrajaya with the exception of the legislative branch, which is located in Kuala Lumpur. Malaysia is a federation comprising States of Malaysia, the 11 States of Malaya, the Borneo States of Sabah and Sarawak, and 3 Federal Territories operating within a constitutional monarchy under the Westminster system and is categorised as a representative democracy. The federal government of Malaysia adheres to and is created by the Constitution of Malaysia, Federal Constitution of Malaysia, the supreme law of the land. The federal government adopts the principle of separation of powers under Article 127 of the Federal Constitution of Malaysia, and has three branches: Executive branch, executive, legislature and judiciary. The State governments of Malaysia, state governments in Malaysia also have their respective ...
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Dockyard
A shipyard, also called a dockyard or boatyard, is a place where ships are built and repaired. These can be yachts, military vessels, cruise liners or other cargo or passenger ships. Dockyards are sometimes more associated with maintenance and basing activities than shipyards, which are sometimes associated more with initial construction. The terms are routinely used interchangeably, in part because the evolution of dockyards and shipyards has often caused them to change or merge roles. Countries with large shipbuilding industries include Australia, Brazil, China, Croatia, Denmark, Finland, France, Germany, India, Ireland, Italy, Japan, the Netherlands, Norway, the Philippines, Poland, Romania, Russia, Singapore, South Korea, Sweden, Taiwan, Turkey, the United Arab Emirates, Ukraine, the United Kingdom, the United States and Vietnam. The shipbuilding industry is more fragmented in Europe than in Asia where countries tend to have fewer, larger companies. Many naval vessels ...
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Royal Malaysian Navy
The Royal Malaysian Navy (RMN, ms, Tentera Laut Diraja Malaysia; TLDM; Jawi: ) is the naval arm of the Malaysian Armed Forces. RMN is the main agency responsible for the country's maritime surveillance and defense operations. RMN's area of operation consists of 603,210 square kilometers covering the country's coastal areas and Exclusive Economic Zones (EEZ). RMN also bears the responsibility of controlling the country's main Sea Lines of Communications (SLOC) such as the Straits of Malacca and the Straits of Singapore and also monitors national interests in areas with overlapping claims such as in Spratly. History Straits Settlement Royal Naval Volunteer Reserve The Royal Malaysian Navy can trace its roots to the formation of the Straits Settlement Royal Naval Volunteer Reserve (SSRNVR) in Singapore on 27 April 1934 by the British colonial government in Singapore. The SSRNVR was formed to assist the Royal Navy in the defence of Singapore, upon which the defence of the ...
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Perak
Perak () is a state of Malaysia on the west coast of the Malay Peninsula. Perak has land borders with the Malaysian states of Kedah to the north, Penang to the northwest, Kelantan and Pahang to the east, and Selangor to the south. Thailand's Yala and Narathiwat provinces both lie to the northeast. Perak's capital city, Ipoh, was known historically for its tin-mining activities until the price of the metal dropped, severely affecting the state's economy. The royal capital remains Kuala Kangsar, where the palace of the Sultan of Perak is located. As of 2018, the state's population was 2,500,000. Perak has diverse tropical rainforests and an equatorial climate. The state's mountain ranges belong to the Titiwangsa Range, which is part of the larger Tenasserim Range connecting Thailand, Myanmar and Malaysia. Perak's Mount Korbu is the highest point of the range. The discovery of an ancient skeleton in Perak supplied missing information on the migration of ''Homo sapiens'' from ...
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Shipbuilding
Shipbuilding is the construction of ships and other floating vessels. It normally takes place in a specialized facility known as a shipyard. Shipbuilders, also called shipwrights, follow a specialized occupation that traces its roots to before recorded history. Shipbuilding and ship repairs, both commercial and military, are referred to as "naval engineering". The construction of boats is a similar activity called boat building. The dismantling of ships is called ship breaking. History Pre-history The earliest known depictions (including paintings and models) of shallow-water sailing boats is from the 6th to 5th millennium BC of the Ubaid period of Mesopotamia. They were made from bundled reeds coated in bitumen and had bipod masts. They sailed in shallow coastal waters of the Persian Gulf. 4th millennium BC Ancient Egypt Evidence from Ancient Egypt shows that the early Egyptians knew how to assemble planks of wood into a ship hull as early as 3100 BC. Egyptian potte ...
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Retirement Fund (Incorporated)
Retirement Fund (Incorporated) ( ms, Kumpulan Wang Persaraan (Diperbadankan); KWAP) is a statutory body which manages the pension scheme for Malaysia's public employees. KWAP is the investment manager of the Retirement Fund, which is applied towards financing the government's pension liability, and is responsible for the administration and payment of pension to public sector retirees. KWAP is one of three main bodies in Malaysia's pension system, the others being the Employees Provident Fund (for private sector employees) and Armed Forces Fund Board (for military personnel). It is also regarded as one of Malaysia's government-linked investment companies (GLICs). History Prior to KWAP's establishment, the public pension fund in Malaysia was managed by the Pensions Trust Fund ( ms, Kumpulan Wang Amanah Pencen), whose operations fell under the responsibility of the Accountant General. The Pensions Trust Fund grew from an initial government grant of RM500 million in 1991 to RM42 billi ...
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