2025
March
TWC Saudi Arabia enters into a Frame Agreement with Samsung E&A. It positions TWC as an equipment vendor for Samsung E&A's projects in Saudi Arabia.
TWC hosted a distinguished delegation of 22 business owners from the China Construction Machinery Association (CCMA).
April
TWC signed a Memorandum of Understanding (MOU) with Changi Airport Group (CAG) to support emergency operations involving the recovery of disabled aircraft at both Singapore Changi Airport and Seletar Airport.
May
TWC is awarded the COJTC Advocate Lifetime Recognition by the Institute of Technical Education (ITE) in Singapore.
June
TWC marked a significant milestone in our fleet renewal journey with the handover of two Potain flap-top tower cranes (32T and 50T), celebrated alongside The Manitowoc Company through a ceremony, exclusive HQ tour, and joint press release.
Ranked 15th on the IC100 Cranes 2025 Index for the world's top crane-owning companies.
Launched newly revamped website.
September
TWC signed a Letter of Intent with Manitowoc for the purchase of Potain Tower Cranes, marking a strategic investment that strengthens our lifting capabilities and reaffirms our commitment to excellence and innovation.
October
TWC achieved Approved Employer status for both the Trainee Development and Professional Development streams, covering all TWC subsidiaries in Singapore.
2024
April
TWC Bangladesh is awarded a Certificate of Appreciation from AFCONS for its outstanding contributions to the erection works at the project sites.
June
Ranked 15th on the IC100 Cranes 2024 Index and 14th on the IC Tower Crane Index for the world’s top crane-owning companies and tower crane-owning companies, respectively.
August
TWC Thailand completed its first-ever Heavy Haulage project, transporting a 28T Vessel within Sattahip Port using a Prime Mover and a 10-Axle Modular Trailer.
TWC ranked 22nd in the 2024 Singapore Governance and Transparency Index (SGTI).
November
TWC is recognised as an ACCA Approved Employer.
December
TWC is awarded the NSMark (Gold) by the Ministry of Defence, Singapore (MINDEF) and the Ministry of Home Affairs, Singapore.
2023
April
TWC India completes the heavy lifing of two reactors at the Rajasthan Refinery for Megha Engineering and Infrastructures Ltd.
May
TWC commences the Takenaka Project at Pasir Ris Industrial Drive 1.
June
Ranked 19th on the IC100 Cranes 2023 Index and 16th on the IC Tower Crane Index for the world’s top crane-owning companies and tower crane-owning companies, respectively.
July
TWC & SANY organised a key handover ceremony for one of the largest SANY Crawler Cranes, the 1,600T SCC19800TM.
September
TWC successfully completed a heavy lift using the new 1,600T SANY Crawler Crane.
December
TWC enters a Memorandum of Understanding (MOU) with Mammoet to bolster operations and market position in Thailand.
2022
September
TWC Tower Crane Division shifts into its new premises at 12 Benoi Place.
June
Ranked 23rd on the IC100 Cranes 2022 Index and 17th on the IC Tower Crane Index for the world’s top crane-owning companies and tower crane-owning companies, respectively.
December
TWC India achieved 5 Million Safe Man-hours at the TOYO-1 NVPR Site.
2021
April
Launched our new Corporate Video.
June
Ranked 23rd on the IC50 Cranes 2021 Index and 17th on the IC Tower Crane Index for the world’s top crane-owning companies and tower crane-owning companies, respectively.
2020
June
Ranked 19th on the IC50 2020 Index and 17th on the IC Tower Crane Index for the world’s top crane-owning companies and tower crane-owning companies, respectively.
September
TWC Malaysia completed the construction of the Tun Razak Exchange North-South Bridge in Kuala Lumpur, Malaysia.
2019
February
Incorporation of a subsidiary in Bangladesh - Tiong Woon Bangladesh Limited.
Ranked among the top 17th for Mobile & Crawler Cranes companies & 20th Tower Crane Companies in the world.
2017
Incorporation of a subsidiary in Sri Lanka- Golden Argo (Pvt) Ltd.
2016
Completion of new building and dormitory at 15 Pandan Crescent.
Completion of the share consolidation of every two existing shares into one consolidated share.
2014
Incorporation of Wholly–Owned Subsidiary in Sri Lanka - Tiong Woon Crane & Transport Lanka (Pvt) Ltd.
2013
December
Wins the International Cranes & Specialized Transport TopLift 2013 Competition.
May
Incorporation of a Wholly-Owned Subsidiary in Myanmar - Tiong Woon Myanmar Company Limited.
February
Completed Jurong Aromatic Corporation Project - One of Singapore's largest heavy lift and haulage projects for a single column.
2012
September
Establishes a wholly–owned subsidiary in Singapore known as Tiong Woon Crane & Equipment Pte. Ltd.
May
Enters into a Joint Venture Agreement with Chi Deh Engineering Co., Ltd, and The Giant Project Service Corp. to establish Tiong Woon Teck Aik Enterprises Pte. Ltd.
January
Wins a contract for the Tuaspring Desalination Plant, Singapore's largest seawater desalination plant.
2011
November
Signs two contracts to supply heavy equipment and marine transportation for oil and gas projects in Myanmar and Malaysia.
October
Wins contract with JGC Corporation for heavy lifting and installation works at a Singapore refinery project.
August
Wins contract for Tuas New Yard phase 1 project.
Change of name and business activities in Tiong Woon Logistics Pte Ltd, formerly Blue Target Pte Ltd.
July
Enters into a Joint Venture Agreement with Asian Supply Base Sdn Bhd to establish a Joint Venture Company, ASB Marine Resources (L) Ltd.
Secures contract for equipment erection works for the Tokuyama Malaysia Project in Sarawak.
Incorporates a new subsidiary in Batam, Indonesia, known as P.T. Tiong Woon Oasis.
May
Establishes a wholly–owned subsidiary in Malaysia known as Tiong Woon Oasis Sdn Bhd.
2010
May
Enters a Joint Venture agreement with JOasis Pte Ltd to form a new subsidiary, Tiong Woon Oasis Pte Ltd.
April
Completes the heaviest Heavy Haulage and Load-Out operations of a 1650T CO2 Removal Module in Batam.
February
Incorporates a new wholly-owned subsidiary in India.
2009
December
Enters into a Joint Venture agreement with Asian Supply Base (ASB).
November
Incorporates a new wholly-owned subsidiary in the Socialist Republic of Vietnam.
September
Launches DLB Pipelay Barge.
Signs a contract with Shell EMS.
January
Establishes Tiong Woon Project & Contracting (India) Pty Ltd and Tiong Woon Vietnam Limited.
2008
January
Signs exclusive distributor agreement with Fushun Excavator Corporation Co Ltd, China-based crane manufacturer, to distribute Fuwa brand of crawler cranes in Singapore, Thailand, the Philippines, Myanmar, Vietnam, Brunei, Laos, and Cambodia.
2007
December
Incorporates TWC Arabia Ltd to install, lift, and provide maintenance services for Oil, Gas, Petrochemicals, and other Electric Power-related projects and marine transportation services in Saudi Arabia.
November
Secures service contract for Shell Houdini Project.
September
Secures maiden shipbuilding contract from Norce Offshore.
May
Acquires tower crane operator Soon Douglas.
January
Becomes the first Singapore company to be awarded an investment license to operate a 100% foreign-owned business entity in Saudi Arabia by the Saudi Arabian General Investment Authority.
2006
December
Enter African waters by supplying marine transport for Hyundai Heavy Industries' offshore project in Nigeria.
Signs a new agreement with IHI as the sole distribution agent in ASEAN.
November
Incorporates PT TWC Bintan to provide oil and gas services and acquires 64-hectare waterfront land for fabrication yard.
June
Incorporates Tiong Woon Oil & Gas Services Pte. Ltd. in Singapore to engage in fabrication and engineering works for oil and gas projects.
May
TWC awarded its first wind farm project for the Dongshan Wujiaowan Wind Power Project in Fujian Province, China.
January
Tiong Woon Project & Contracting Pte. Ltd. was incorporated in Singapore to engage in mechanical, structural, infrastructural, and civil engineering works.
2005
August
Incorporation of Tiong Woon (Huizhou) Industrial Services Co., Ltd to engage in heavy lifting services in the oil & gas, petrochemical, and other related construction industries in the People's Republic of China.
2003
December
Tiong Woon China Consortium Pte Ltd is incorporated to engage in business activities in China.
August
PT TWC Indonesia is incorporated in Batam, Indonesia, to engage in hiring and maintenance services of heavy lift and haulage equipment.
2002
November
TWC awarded a Crane Supply Contract for constructing the Second Bangkok International Airport ('Suvarnabhumi Airport').
August
Tiong Woon Thai Co., Ltd is incorporated to engage in the hiring of heavy lift and heavy haulage equipment for the Thailand market.
1999
September
TWC is listed on the Singapore Stock Exchange Main Board.
January
Tiong Woon Philippines is established to tap business opportunities in the Philippines, catering mainly to the oil and gas industry.
1998
September
Tiong Woon Indonesia is established to tap business opportunities in Indonesia, catering mainly to the oil and gas industry.
1997
February
TWC undertook its first overseas assignment to provide heavy lift, haulage, and marine transportation services in Indonesia and the Philippines.
January
TWC extended the geographical coverage of the IHI agreement to include exclusive distributorship in Singapore.
1995
February
Tiong Woon CT entered into a general distributor agreement with Ishikawajima Construction Machinery Co., Ltd of Japan ('IHI') to distribute its crawler cranes in Malaysia and Brunei on an exclusive basis.
1992
TWC became the first company in Southeast Asia to possess a 500T hydraulic all-terrain crane, the largest hydraulic truck crane in use in the region.
TWC secured major contracts in Shell Eastern Petroleum and the DuPont Adipure chemical plant projects.
1991
June
Tiong Woon Marine is set up to provide mainly transportation services between Singapore and the offshore islands of Singapore and other nearby destinations.
1989
December
TWC Malaysia is set up to carry out heavy lift and haulage business in Malaysia.
April
TWC expanded its business activities into marine transportation services.
1986
TWC purchased its first 300T telescopic mobile crane, believed to be the first of its kind in use in South East Asia, for the first HDB water-tank project.
1984
TWC secured its first major project as the main supplier of cranes and transport equipment for the construction of Ang Mo Kio and Yio Chu Kang MRT Stations.
1980
December
Tiong Woon Crane & Transport is incorporated to replace the partnership and provide crane and transport services.
1978
Tiong Woon Crane and Transport Co., a partnership, is founded as a provider of crane and transport services on a small scale, mainly to the construction industry in Singapore.