SHAH ALAM: Lumut Naval Shipyard Sdn Bhd on January 24 formerly announced that it’s acronym should be LUNAS instead of LNS. The new name came from its rebranding from Boustead Naval Shipyard (BNS). The company is now a MOF Incorporated company.
The release:
Lumut, Perak, Malaysia – 24 January 2024: Lumut Naval Shipyard Sdn Bhd (LUNAS), formerly known as Boustead Naval Shipyard Sdn Bhd (BNS), announces a significant rebranding activity, marking a new era of maritime and defence excellence. This strategic move reflects LUNAS’ commitment to re-align with its stakeholders’ objectives and values, setting sail for a trajectory of accelerated growth.
Driven by a vision to be a trusted partner for innovative solutions, LUNAS’ rebranding goes beyond aesthetics. It’s a meticulously crafted strategy designed to navigate the dynamic tides of the maritime industry. LUNAS remains an unwavering pillar for national security through naval shipbuilding, while expanding its horizons for comprehensive maritime services.
LUNAS embodies the essence of our brand, and the company’s dedication to nation building and uncompromising excellence in every endeavours.
Fuelled by a legacy of success and a dynamic spirit, LUNAS remains committed to supporting Malaysia’s maritime ambitions. The company pledges to uphold the highest standards of excellence, delivering innovative solutions that meet the evolving needs of the industry and its clients.
About Lumut Naval Shipyard Sdn Bhd (LUNAS):
LUNAS is a leading player in the Malaysian maritime and defence industries, boasting a rich heritage and an unwavering commitment to technological advancement. The company specializes in naval shipbuilding and a range of maritime services, serving as a trusted partner and delivering excellence since 1991.
It is interesting to note that the literal translation to English of Lunas is settle. Let us hope the company and its personnel settled its debt to the taxpayers, RMN and the nation by completing the LCS project. Whether or not the taxpayers feels that the company had settled its debt by completing the project, is beyond me.
And will be the final cost or damage? My current calculation is that the LCS project will cost around RM14 billion. And it could go higher when the dust finally settles.
–Malaysian Defence
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View Comments (64)
Literal translation of lunas to english in shipbuilding terms is the ship's keel, or thr lowest part of the ship's hull.
Which is why keel laying ceremony is called majlis peletakkan lunas
https://www.malaysiandefence.com/wp-content/uploads/2017/02/Keel2.jpg
yes, they are good at laying the keel...
This a joke 'Fuelled by a legacy of success and a dynamic spirit'
Owh there is a town called Lunas in Kedah.
The write up is factually wrong. Its a brand new start up ( unless of course BNS is still managing it) n so cant make claims of past success. Anyway, what past success?.
The whole exercose is a waste of time n money. Why do we start where we left off again?. Who is going to manage it?. Who is going to make sure the project is completed successfully?. Why do we need to reinvent the wheel?. We have a burgeoning ship building industry in Sarawak. The Sarawakian yards had won international tenders n delivered on time on budget. Just invite one of the bigger yards to complete the project n rent the lumut yard from Boustead.
This new entity w9nt do any better than the old entity
lmao the name and tagline are full of irony. Either they're tone deaf or whoever did this made it as an inside joke
Lunas, Kedah was also where PKN (before renamed PKR) got its first electoral win, so I guess its fated to be named as such by the PH Govt?
Shahren - “This a joke ‘Fuelled by a legacy of success and a dynamic spirit’
Before it got into the ship construction business the Naval Dockyard’s primary business was refits and it did that fairly well.
Lee - “ Why do we start where we left off again”
Ok. What do you suggest? We write it off and - to use an Americanism - start from scratch? Sell all the hulls for scrap and recycle what we can? How long do you reckon this whole exercise wil take?
Whilst we’re at it; shut down what use to be known as BNS; never mind that it’s the largest naval refit yard in the country and located within the country’s main naval base?
Great for the Sarawakian yards but are you saying that with the right management; no political interference; with the right oversight and with an achievable/realistic schedule that no local yard west of the South China Sea can deliver within budget; on schedule and on specification? What we really should be doing is making a concentrated and apoltical effort ensuring another cockup of this magnitude doesn’t reoccurr. To much to ask I guess.
@Shahren
They prolly meant the "legacy of success and a dynamic spirit" of PKR(PKN) which started their path to eventually ruling way back in Lunas, Kedah. So calling it LUNAS is apt, no?
"start from scratch?"
That would be a very bad idea. Additional time to restart all the back is one thing, we have spent 6Bil on this and even if we can recoup 3Bil that leaves us needing to foot another 11-13Bil more for a restart, as compared to spending an extra 5-6Bil to complete 6 LCS.
Even so with a restart, who can guarantee similar shit will not happen again?