Mr. Soon Heng Lim
Managing Director, EMAS Consultants LLP, Shipyard Consultants and Planners
Member of the Transportation Council
Council Member Biography
LIM Soon-heng is Managing Director of EMAS Consultants LLP, Shipyard Consultants and Planners, a company specializing in the development of shipyards, market research, financial and technical feasibility studies, master planning, design of docks and workshops. He started his 20-year career in the Keppel Group in 1968. His experience includes consultancy services to proposed and existing shipyards in Qatar, Kuwait, Brazil, Azerbaijan, Canada, India, China, Indonesia, Thailand and Malaysia. In Qatar he was Deputy Project Director for the Nakilat Keppel Offshore and Marine Shipyard at Ras Laffan. In China, he is consultant to for the development of a shipyard for repair/conversion of VLCCs, FPSO and offshore rig construction. He travels extensively and has visited and studied the production facilities in shipyards in Japan Korea, China as well as in UK, Portugal, Germany and Sweden. (This is me - Update Profile)
Employment History
- 2007 - Unspecified
- Managing Director, EMAS Consultants LLP, Shipyard Consultants and Planners
- 2007 - 2007
- Deputy Project Director, Doha, KEPPEL FELS LIMITED
- 2003 - Unspecified
- Shipyard Consultant, Lim Soon Heng
- 1988 - 1998
- Group General Manager, UNITED ENGINEERS LIMITED
GLG NewsSM Analyses by Soon Heng Lim
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The credit crunch contagion, its impact on shipyards.
August 18, 2008
Credit Crunch Spreads to Shipyards | www.marinelink.com
Shipyards had never had it so good than the bonaza they experienced over the past two years. High oil prices drove the offshore rig making market. Replacement of ageing fleets drove the tanker markets. The sizzling economic growth in China create huge demands for tonnages for bulkers and container vessels. Exploitation of gas deposits in the Middle East resulted in record orders for LNG carriers in Korean shipyards. Order books in China, Korea, Japan and Singapore are stretched like they have never been before to 2011 in many cases. All good things have to come to an end and all it needs is an excuse for equity players to pull the plug. That excuse came in the form of the credit crunch. A few order cancelations in Korea then in China and the herd instincts kick in, many are rushing for the exit. The shipbuilding business is segmented and it would be erroneous to assume that all shipyards will suffer the same fate.
GLG Study Groups with Soon Heng Lim(?)
| Study Group Name | No. Members |
|---|---|
| Drilling Rig Experts | 462 |
| Offshore Drilling Rig Experts | 209 |
| Council Members Knowledgeable on Jackup Drilling Rigs | 169 |
| Offshore Rigs and Vessel Construction Experts | 111 |
GLG Live Meetings with Soon Heng Lim(?)
Soon Heng Lim has not participated in any GLG Live Meetings.
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