The rise of the new Ocean

The vantage provided by Stellar at 1Altitude atop One Raffles Place, one of three tallest buildings in Singapore, gives a magnificent view of the new world around Marina Bay, as well as a building diagonally across Raffles Place from it, the new Ocean Financial Centre. At 245 metres high and with 43 floors, the Ocean Financial Centre, which was completed in 2011, is certainly much higher than the building it replaced, the 28 floor curved Ocean Building – which dominated the skyline of the former waterfront along Collyer Quay for some 33 years from 1974 to 2007. Although taller than its predecessor,  the building is one that does not dominate, becoming absorbed into the backdrop of the rising skyline in the area, a skyline which is no longer associated with the harbour which brought Singapore to life.

The rise of a new Ocean – the Ocean Financial Centre, the fourth Ocean Building on the site (photograph taken with LG Optimus G).

The 28 floor Ocean Building was in fact the third building of the same name to rise on the site. It was a name that was very much associated with a one time local shipping giant, the Straits Steamship Company. Incorporated in 1890, the company played a significant role in Singapore’s development as a maritime nation, and at its height, operated a fleet of 53 ships and was instrumental in linking ports in the Malayan Peninsula and British Borneo. Most who were around in the 1960s would probably remember the second Ocean Building which was a grand example of the wonderful works of architecture along Singapore’s bund, standing proudly at the end of the row of the glorious row of buildings along Collyer Quay which we have lost, from 1923 to 1970. More on this an the other Ocean Buildings can be found in a previous post.

The second Ocean Building in the 1920s (Source: W. A. Laxton, The Straits Steamship Fleets).

A little known fact about the Straits Steamship Company is that it can probably be considered as the founder of a giant in the airlines business, Singapore Airlines. The company registered Malayan Airways which it later sold off. That was to later become Malaysian-Singapore Airlines (MSA) in 1966 which split into Malaysian Airline System (MAS) and Singapore Airlines (SIA) in 1972. With the advent of containerisation, the Straits Steamship company’s conventional regional shipping business became less relevant and the company was sold to Keppel in 1983. A shift in focus to land development saw its name changed to Straits Steamship Land Ltd, before becoming Keppel Land in 1997. With the Straits Steamship Company making a complete withdrawal from the shipping business in 2004 and the demolition of the third Ocean Building which it erected, all that remains to remind us of a once proud shipping, is nothing more than another building named Ocean standing on where the three previous Oceans of the Straits Steamship Company once stood.

The new Ocean Building in July 1974 (Photo courtesy of Peter Chan).