Singaporean Lee Kim Chai, higher often known as KC Lee, earned an accounting qualification in London earlier than working for Caltex and Salvage Engineers. Salvage Engineers present in KC Lee an lively, reliable and fast scholar serving to the corporate to generate earnings. KC Lee began its first private enterprise with a single wood tugboat, then entered the barge building enterprise. In June 1960 he arrange Far East Shipbuilding Industries on a three.5 acre plot in Jurong, Singapore. In 1968 Keppel Shipyard was included and two years later an settlement with Levingston shipbuilding (FELS) was signed. The first jack up, JW Mc Lean was delivered the identical 12 months and an essential milestone was achieved in 1974 with the supply of the primary semi-submersible, Penrod 74. Keppel Offshore & Marine is right this moment one of many world’s largest offshore and marine teams with a powerful community of 20 yards worldwide. Kc Lee is remembered for his “Can Do” angle that grew stronger with each problem met. He had the foresight to see Singapore as a base for the offshore trade. KC Lee founding father of Keppel FELS died in February 1997.  (Source: Colin Cheong, Times Editions – Image: The building of Penrod 74 at Keppel Shipyard, Singapore, in 1973)

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