PETALING JAYA: Desan Shipyard, a leading shipbuilding and ship repair (SBSR) company, successfully participated in the 16th edition of the Langkawi International Maritime and Aerospace Exhibition (LIMA) 2023.
As one of the largest maritime and aerospace exhibitions in the Asia-Pacific region, LIMA 2023 provides an excellent platform for Desan to showcase its cutting-edge capabilities in SBSR.
Desan and Leaptec Engineering Sdn Bhd, a subsidiary of LBS, have recently signed a Memorandum of Understanding (MOU), aiming to explore the construction and development of a shipyard business at Leaptec's reclamation area in Malacca.
Additionally, Desan, a part of the Kaptanoglu Group, known for its active shipping business and Ship-to-Ship (STS) activities, will explore with Leaptec in conducting STS activities in the Malacca Strait on a term basis.
Looking ahead, Desan and Leaptec envision establishing a shipyard in Malacca in three phases, starting with ship repair activities. This initiative aligns with the companies’ long-term plans and their commitment to contributing to the growth and development of Malaysia's maritime industry.
As a collaborative partner of Desan, Leaptec plays multifaceted roles for the success of the Leaptec-Desan Malacca Shipyard business, from obtaining imperative approvals to driving business development.
The presence of Desan at LIMA 2023 highlights the joint efforts and expertise of Desan in revolutionising the shipbuilding and ship repair industry.
LBS and Leaptec executive chairman, Tan Sri Ir. Lim Hock San said: “It is pleasing to hear that the exhibition garnered notable recognition when five cabinet ministers and chief minister paid a visit to Desan's booth.
“Notably, Turkiye’s Ambassador to Malaysia, Emir Salim Yuksel, Deputy Prime Minister, Datuk Seri Ahmad Zahid Hamidi, Transport Minister, Anthony Loke, Home Affairs Minister, Datuk Seri Saifuddin Nasution Ismail, Defence Minister, Datuk Seri Mohamad Hasan, alongside Malacca Chief Minister, Datuk Seri Ab Rauf Yusoh, acknowledged the potential of the Leaptec-Desan collaboration in Malacca, recognising its capacity to become one of the largest shipyards in Malaysia.
“This development would greatly enhance the locally built and repair SBSR industry, presenting opportunities for ship repairs and maintenance for the Malaysian maritime industry.
“In support of the SBSR industry, the Malaysian Investment Development Authority (MIDA) has expressed interest in providing financial incentives, as approved in the recent Budget 2023.”
Desan and Leaptec extend their appreciation to the organisers and potential investors of LIMA 2023 for their effort.
The successful exhibition further solidifies Desan's position as an industry leader and reinforces the commitment of both companies to driving innovation, fostering partnerships, and contributing to the growth of Malaysia's maritime industry.