PACC Offshore Services Holdings Ltd (PACC)

PACC Offshore Services Holdings Ltd. provides offshore marine services worldwide. The company’s Offshore Supply Vessels segment operates a fleet of mid to deep water anchor handling tug supply vessels, which offer towing and positioning of drilling rigs, transporting drilling materials, and other equipment services; and platform supply vessels that transport drilling materials and supplies to drilling rigs and offshore production platforms, as well as pipes and other materials for construction of marine structures or pipelines. The company’s Transportation and Installation segment support marine contractors in the construction and maintenance of oilfield infrastructure and pipelines. This segment operates anchor handling tugs for cross-ocean towing tugs and Anchor Handling Tugs; and transporting large marine structures and ballastable tank barges and tugs for transporting construction materials and subsea pipes. Its Offshore Accommodation segment operates a fleet of offshore accommodation vessels providing a range of solutions for offshore construction, modification and maintenance, and decommissioning activities. The company’s Harbour Services & Emergency Response segment owns, operates, and manages harbor tugs and heavy lift crane barges for supporting harbor towage operators and providing heavy lift services to shipyards; and provides salvage, wreck removal, emergency rescue, and oil spill response services to vessels. It operates a fleet of approximately 100 offshore vessels. The company was incorporated in 2006 and is headquartered in Singapore.