Awards
In 2007 Strategic Marine was awarded the Australian Chamber of Commerce Vietnam's ANZ Business Excellence Award.
In 2008 Strategic Marine's Managing Director, Mr Mark Newbold, was awarded the WA Business News Rising Star Award and the Western Region Ernst & Young Entrepreneur of the Year award in the "products" category.
The Ernst and Young award citation reads:
When Mark Newbold established Strategic Marine in 2001, his ambitious goal was to build a global ship building company with manufacturing operations across the world. Seven years on, he is close to achieving that dream, with the company's shipyards employing almost 1,500 staff in Singapore, Vietnam, Mexico and Western Australia. While the ship building and maritime services provider currently fulfils over 125 orders worth over 210 million US dollars, Mark's plan is to further develop the business and take on the European market. While waiting to take on Europe, Strategic Marine's order book is bulging with 130 orders won over the past year worth over US$260 million. Today, this ship building and maritime service provider, which specialises in developing high speed aluminium patrol vessels and offshore service vessels, has a significant and ever growing international market share. Prior to establishing Strategic Marine in 2001, Mark was the Executive Director of Geraldton Boat Builders (GBB) and his experiences in that business convinced him that there was more opportunity for a business like Strategic Marine in Asia as opposed to Australia, provided the company had its own, more cost-effective shipyards overseas. In 2005 a Singapore shipyard was acquired and is developing the reputation of delivering vessels well ahead of schedule. The company also has a Vietnam shipyard, with over 1000 staff working to a full order book, including a $62 million contract for the Western Australian Government. While Strategic Marine has traditionally focused on aluminium workboats and oilfield service vessels, the Vietnamese yard has also been chosen to spearhead the company's strategy of diversifying into steel-hulled ships. Mark's global strategy has also seen the development of new markets in the Americas, with Europe soon to follow. With next year's turnover predicted at over $150 million, Strategic Marine is well on the path to phenomenal global success.
In October 2008 Strategic Marine won the "Large Advanced Manufacturer Export Award" category of the Western Australia Industry and Export Awards. .
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