SUNDAY, 2 AUGUST 2026 · SINGAPORE

MANUFACTURING 18.5% OF GDP
+12.2% Y/Y Q2 2026
~10% OF THE WORLD'S CHIPS
494,400 EMPLOYED
S$14.2B COMMITTED 2025
PORT 44.66M TEU — RECORD
BUNKERS 56.77M TONNES — WORLD'S LARGEST
CONSTRUCTION S$50.5B

MARINE & OFFSHORE

The quiet giant that moves the world from Singapore

Eastern Pacific Shipping runs one of the world's largest privately held fleets from an office above the strait its ships pass through. Filmed across several countries — from deck, bridge and air — this is what a Singapore shipowner at global scale looks like.

Company Profile Film · Eastern Pacific Shipping →

31M DWT of dry-bulk, tanker, gas and container tonnage — one of the world's largest privately held fleets, crewed and run in-house by 7,000 people from a single Singapore headquarters.

ALSO ON THE RECORD — MARINE & OFFSHORE

Seatrium — the SGX-listed group formed by the Keppel O&M–Sembcorp Marine merger: rigs, FPSOs, floating wind and ship repair.PaxOcean — the Kuok Group's shipbuilding arm: 600-plus vessels built, 3,500-plus repaired, across five Asian yards.Kim Heng — SGX-listed offshore & marine services, 50 years on, from two Singapore yards.

OFFSHORE SUPPORT

From a Singapore office to a fleet at sea

Vallianz operates offshore support vessels across Asia and the Middle East — with its own shipyard building what it sails.

Vallianz Holdings Limited →

Konecranes (Singapore) Pte. Ltd. — film still

PROJECT SPOTLIGHT

The cranes inside Singapore's boldest warehouse

How Konecranes engineered the vertical container cranes at the heart of Cogent's one-stop logistics hub.

See the Project Spotlight →

INDUSTRIAL PROPERTY

The landlord of the factory floor

AIMS APAC REIT owns the warehouses, factories and business parks that Singapore's industrial companies work out of — an SGX-listed industrial landlord across Singapore and Australia.

AIMS APAC REIT →

Singapore's industrial economy is one of the most consequential and least understood in the world. A country smaller than New York City makes roughly a tenth of the world's semiconductor chips, refines and ships fuel to the global fleet, builds the rigs and floating platforms that pump deep-water oil, and manufactures medicines for eight of the ten largest drugmakers on earth. Most of that happens behind fences, in Tuas and on Jurong Island, out of public view.

The Singapore Industry Index exists to bring it into view.

ON THE RECORD

Filmed inside Singapore industry

IN THE RECORD

788 companies, on the record.

A selection from the index — one hard fact each, every one traceable to its record.

GE Aerospace Singapore — more than 60% of GE Aerospace's global repair volume, from three Singapore plants and over 2,400 people.

SAESL — the world's largest Rolls-Royce Trent engine-overhaul operation.

Lonza Biologics Tuas — a mammalian cell-culture CDMO campus producing monoclonal antibodies at 20,000-litre scale.

Sanofi Singapore — a roughly US$590–638 million modular vaccine-and-biologics plant at Tuas.

Sembcorp Industries — Singapore's largest solar owner-operator, over 535 MWp locally.

Cleantech Solar — roughly 1.2 GWp of solar and wind across seven Asian countries, run from Singapore.

Hong Leong Asia (R3 Precast) — what it calls Singapore's largest integrated construction prefab hub.

DLM — unrestricted BCA L6 across ACMV, electrical and integrated building services.

NCS — Singapore's largest IT-services firm, 15,000-plus staff across 20 cities.

LKH Projects Distribution — busway and busduct supplied and installed from LV up to 128 kV.

ExxonMobil Singapore — the country's largest refining-and-chemicals complex, 592,000 barrels a day.

Air Liquide Singapore — six air-separation plants on Jurong Island, integrated through more than 200 km of pipeline.

GreenPhyto — what it bills as the world's tallest indoor vertical farm: 23 metres, five storeys, Jurong West.

IFF — a ~12,000 m² Jurong plant making liquid flavours and fragrances for Greater Asia.

ABB Singapore — the automation major's regional arm, around 900 staff.

Clearpack — a Singapore-headquartered packaging-automation integrator of 500-plus staff.

Zuellig Pharma — the region's dominant pharmaceutical cold-chain distributor, headquartered in Singapore.

Poh Tiong Choon Logistics — an SGX-listed 3PL running over 1,000 cargo vehicles.

PaxOcean — the Kuok Group's shipbuilding arm, 600-plus vessels built across five yards.

Rotary Engineering — the Jurong Island turnkey plant-and-tank EPC, five decades in.

Beyonics — precision machining to 8 µm positional accuracy and 4 µm repeatability.

Shine Precision Engineering — 50-plus CNC machines producing 10,000-plus parts a month in Jurong.

GlobalFoundries Singapore — the largest pure-play specialty foundry site in Singapore: ~3,800 employees, ~87,000 m² of cleanroom.

Micron Technology — one of Micron's two global 3D NAND flash hubs.

OFFSHORE SUPPORT Vallianz Holdings Limited →

ON THE WATER

The water is still where Singapore earns its keep.

The numbers are hiding in plain sight: a record 44.66 million containers through the port in 2025, a record 56.77 million tonnes of marine fuel pumped into the world's ships — more than anywhere else on earth — and a shipyard, Seatrium, that doubled its profit on an order book of S$17.8 billion. But the industry is really a thousand smaller companies: the chandlers provisioning vessels at anchor, the propeller shops, the underwater husbandry divers cleaning hulls without ever drydocking them. Eastern Pacific Shipping and Vallianz are two of the companies on the record; the yards, valve makers and subsea specialists around them fill it out.

56.77m tonnes of marine fuel bunkered in 2025, the world's largest

ON THE DESK

Marine, Offshore & Port → PaxOcean — 600+ vessels built, five yards Kim Heng — SGX-listed, two Singapore yards Lita Ocean — a 60-plus-vessel charter fleet from Pioneer Sector

THE FACTORY FLOOR

Making the hard things well.

Singapore's factories had their best year in a decade — output up 8.7% in 2025, accelerating to 12.2% by mid-2026 — and the reason is what they choose to make. Not the easy things: the hard ones. Wire harnesses and box-builds for machines that cannot fail, at SP Manufacturing. Production automation tuned to the micron, at Mikron. Food manufactured to export audit standard, at Lacto Asia. The pattern repeats across 3,000-plus precision firms whose customers are far bigger than they are: Singapore stopped competing on cost decades ago and has been compounding on capability ever since. One in ten of the world's chips is the headline; the supplier spine underneath it is the story.

3,000+ precision-engineering firms underneath Singapore's marquee industries

ON THE DESK

Precision Engineering → GlobalFoundries — ~87,000 m² of cleanroom at Woodlands Beyonics — machining to 8 µm accuracy Clearpack — turnkey packaging lines, 500+ staff

ELECTRONICS SP Manufacturing →

AUTOMATION Mikron Singapore Pte Ltd →

RAIL INFRASTRUCTURE Gates PCM Construction →

INTERIOR FIT-OUT OSCA Asia →

THE BUILT ISLAND

An island that never stops building itself.

Construction demand hit S$50.5 billion in 2025 — close to a decade high — and almost none of it is glamorous. It is trackwork renewed at night between the last train and the first, by companies like Gates PCM, now part of Japan's JR East group. It is office interiors fitted out to the millimetre, the way OSCA did for Informa — and the client saying so on camera. It is M&E contractors like Puretech pulling 22kV switchboards and fire systems through buildings the public will never see the inside of. The built environment is Singapore's least-filmed industry. That is changing.

S$50.5b construction demand in 2025, near a decade high

ON THE DESK

Construction & Built Environment → Hong Leong Asia R3 — Singapore's largest integrated prefab hub, per the company DLM — triple unrestricted BCA L6 Steelmech — 5,000 tonnes of structural steel a year