HarbourFront is a waterfront district situated in southern Singapore . Whilst HarbourFront's boundaries are ambiguous, its location is roughly represented on the URA 's Master Plan as a subzone called Maritime Square , located within the Bukit Merah Planning Area.
19-614: Keppel Ltd , previously Keppel Corporation (or Keppel Corp ) is a Singaporean company headquartered in Keppel Bay Tower, HarbourFront . The company consists of several affiliated businesses that specialises in property, infrastructure and asset management businesses. The company was founded in 1968 as Keppel Shipyard at the Keppel Harbour situated in Tanjong Pagar before moving its operations to Jurong, where
38-676: A commercial area adjacent to Keppel Shipyards , particularly with the building of the former World Trade Centre in 1978. Singapore's first major Exhibitions and Conventions venue, the World Trade Centre Exhibition Complex, was subsequently built beside the World Trade Centre, and also served as a transport node with ferries to Sentosa and other regional destinations such as Batam . The Singapore Cruise Centre opened in 1991 in HarbourFront as
57-542: A former agent for Keppel alleged that high-ranking Keppel executives Chow Yew Yuen, Tong Chong Heong, Tay Kim Hock, Kwok Kai Choong, and Choo Chiau Beng, approved the former agent's bribing of Brazilian officials to secure contracts with Brazil's state-controlled Petroleo Brasileiro SA. Meanwhile, Jeffery Shiu Chow, a long-time attorney for Keppel, told an American court that he had assisted in the bribe payments. HarbourFront Main thoroughfares in HarbourFront include Keppel Way and Telok Blangah Road. Notable buildings in
76-473: A major pillar of growth for the company and in 1997 Keppel Bank acquired Tat Lee Bank, resulting in an enlarged bank called Keppel TatLee Bank to expand its services in the banking industry. In 1999, Keppel Shipyard (now known as Keppel Offshore & Marine group) moved its operations base from Keppel Harbour to Jurong to expand Keppel Corporation's offshore and marine operations in yards around Tuas, Gul and Benoi, which were close to one another and also to develop
95-415: A series of shell companies, were bribes disguised as consulting agreements. Keppel Offshore & Marine USA pleaded guilty to the bribery scheme which ran for more than a decade, while its parent, Singapore-based Keppel Offshore & Marine, entered into a deferred-prosecution agreement with the government. It agreed to pay $ 422 million to end the U.S. bribery probe. In July 2016, during testimony in court,
114-554: Is going to be completed in third quarter of 2016. They were the recipients of the Business China Enterprise Award in 2015, for their contributions to China-Singapore business relations. On 28 February 2023, Sembcorp Marine completed its acquisition of Keppel Corporation's Offshore & Marine division for $ 3.34 billion. Subsequently, on 27 April 2023, Sembcorp Marine's shareholders approved Sembcorp Marine's name change to Seatrium . On 1 January 2024,
133-625: The Circle line had opened on 8 October 2011. A new six-storey office building is also in the works as a new addition to the HarbourFront Office Park. The new site is known as the HarbourFront Merrill Lynch, which is a six-storey building and will be entirely occupied by American bank Merrill Lynch with a total area of 200,000 sq ft (19,000 m ). Another office development is being planned on
152-556: The World Trade Centre was first announced by the Port of Singapore Authority in 1973. It was officially opened in 1977, as well as having a ferry terminal that has traveling routes to nearby Indonesian ports, as well as the city of Batam and Bintan Island , it also featured nearby Expo Gateway and Harbour Pavilion exhibition halls. The World Trade Centre hosted Miss Universe Pageant in 1987 . The World Trade Centre
171-642: The company and regionalisation with the first overseas venture in 1975, Keppel Philippines Shipyard was set up in partnership with Filipino investors, with head offices in Cebu and Manila. In 1978, Keppel then ventured into the finance industry by providing financial services to marine contractors under Shin Loong Credit (renamed Shin Loong Finance) which propelled the growth and expansion of the financial services provided by Keppel. Keppel then ventured into
190-654: The company focused on offshore and marine activities. Keppel Offshore & Marine was the world's largest oil rig builder before its sale to Sembcorp Marine on 28 February 2023. Keppel Land is the world's 2nd most sustainable diversified real estate developer. The name of the company Keppel was derived from a British ship captain, Captain Henry Keppel , who discovered a natural, deepwater harbour (the Keppel Harbour) in Tanjong Pagar in 1848. The harbour
209-479: The company has officially changed its name to Keppel Ltd. The Keppel Group of Companies includes subsidiaries, associated companies, as well as shareholdings in other companies. In a press release after an American subsidiary pleaded guilty in federal court in Brooklyn, New York, U.S. prosecutors said Keppel units paid about $ 55 million to win 13 contracts with Petrobras and another company. The payments, through
SECTION 10
#1732780825689228-464: The country's first international cruise terminal. Massive redevelopment in the area after the closure of the shipyard subsequently led to the name HarbourFront being coined in the early 2000s to refer to the immediate vicinity of the World Trade Centre, which was in the midst of a major refurbishment project. Relaunched as HarbourFront Centre , the former World Trade Centre also has its neighbouring Exhibition Complex demolished to make way for VivoCity ,
247-643: The land which Keppel Harbour was situated on into waterfront residential area. In 2001, Keppel divested its banking and financial services business and privatised its offshore and marine business which resulted in the integration of Keppel Shipyard together with Keppel FELS and Keppel Singmarine to form the Keppel Offshore & Marine group in 2002. In 2015, Keppel Shipyard got a secured floating Production storage and Offloading conversion project worth of $ 89 million. The project includes repair, upgrade and modification. FPSO Conversion has already started and it
266-537: The property market in 1983 after acquiring Straits Steamship Company , an established shipping company with substantial land holdings in Singapore. The Straits Steamship Company was then renamed to Straits Steamship Land (now known as Keppel Land) to focus on the property market. In 1990, with the acquisition of the Asia Commercial Bank, Keppel Corporation established banking and financial services as
285-425: The site of the current SPI Building . Furthermore, a residential development is possible in the future. The Singapore Cruise Centre would be expanded to accommodate over 6 million passengers by 2010. HarbourFront Centre HarbourFront Centre , formerly World Trade Centre , is a shopping mall and ferry terminal in Singapore. The mall is part of a development known as HarbourFront . Plans of building
304-726: The upgrading of the Cable Car Towers (old Jardine Steps Station on top the old PSA Tower) and the construction of two new office blocks adjacent to it. Transportation into the area was vastly improved with the opening of the HarbourFront MRT station and extension of the HarbourFront Bus Interchange . Also, the new monorail link to Sentosa, the Sentosa Express has been completed and opened on 15 January 2007. The HarbourFront station of
323-555: The vicinity include HarbourFront Centre , Singapore Cruise Centre , St James Power Station , VivoCity and the Jardine Steps Tower which hosts the HarbourFront stop of the Singapore Cable Car . Maritime Square is currently being redeveloped into a new business and lifestyle hub. The area was originally known as Seah Im but was also referred to as Jardine Steps. After the Port of Singapore expanded, it
342-407: Was developed into Maritime Square and later renamed as HarbourFront. The present-day appellation, HarbourFront, was coined in the 2000s to give the area a more upmarket feel. HarbourFront was once close to the southernmost point of the main island of Singapore, until land reclamation in Tanjong Pagar and Tuas . Its location in the sheltered waters of Keppel Harbour helped the area to thrive as
361-581: Was previously known as New Harbour until 1900 when the acting governor of Singapore, Sir Alexander Swettenham, renamed the harbour to Keppel Harbour in the honour of Captain Henry Keppel when he visited Singapore in 1900. In 1968, Temasek Holdings founded Keppel Shipyard when Keppel Harbour was taken over from the British Royal Navy after it withdrew from the island. In the 1970s and 1980s, Keppel Corporation focused on diversification within
#688311