Siem Industries Inc., through its subsidiaries, operates in the oil and gas services industry and renewable energy sector worldwide. It operates through Offshore Support Vessels, Reefer Vessels and Car Carriers, Potash production, RoRo vessels, Scientific Core-Drilling, and Corporate and Other. The company provides subsea engineering and construction services; and offshore installation services, as well as related repair and refurbishment services. It also owns and operates fleet of 8 reefer vessels engaged in the refrigerated transportation of fruits and other perishable products; and engages in the provision of car and roll-on/roll-off transportation solutions and capabilities through partnerships with car manufacturers, shipping lines, and logistics companies. In addition, the company is involved in the mining of potash, which is used for fertilizer production, bischofite for the construction industry, magnesium chloride for de-icing, and other materials. Further, it offers finance services, including loans and guarantees, specialist credit advisory services, and investment services, as well as private asset-based financing. The company was formerly known as Norex Industries Inc. and changed its name to Siem Industries Inc. in 1998. Siem Industries Inc. was incorporated in 1980 and is based in George Town, the Cayman Islands.