PaxOcean owns and operates 5 shipyards located in Singapore, China and Indonesia. The Group provides end-to-end engineering services supporting the complete life cycle of maritime and offshore assets. Leveraging our core competencies and technical know-how, we offer an integrated suite of services covering newbuilding, module fabrication, green recycling, repairs and conversion of conventional and renewable energy assets.
Salzgitter Maschinenbau AG (SMAG) is located in Salzgitter-Bad, where we manufacture and sell special machinery. The history of the company goes back to 1919. Today SMAG is able to build motor grabs for marine use of 25m³. SMAG has established a leading market position through the highly sophisticated technology of its products and service network. SMAG has extended its portfolio of load handling devices through the acquisition of RAM container spreaders by its subsidiary PEINER SMAG Lifting Technologies GmbH (PSLT). RAM is a leading supplier of spreaders for the port and cargo handling industry. PEINER SMAG Lifting Technologies GmbH is the manufacturer of #PEINER grabs #Electro-hydraulic driven PEINER motor grabs #Accessories #Two and four rope grabs #Rotators #Slewing units #Radio controlled PEINER single rope grabs.