Sembcorp Marine

Sembcorp Marine Limited SGX: S51 is part of Sembcorp Industries, an Asian company based in Singapore. It is listed on the Singapore Exchange (SGX). The current President and CEO of Sembcorp Marine is Wong Weng Sun.

Sembcorp Marine Limited
Public (SGX: S51)
IndustryOffshore, Marine & Energy
Founded1963 (1963) (As Jurong Shipyard)
Headquarters29 Tanjong Kling Road, Singapore
Key people
Wong Weng Sun, President & CEO
Websitewww.sembmarine.com

Sembcorp Marine works in four key areas: Rigs & Floaters, Repairs & Upgrades, Offshore Platforms and Specialised Shipbuilding.[1]

Overview

Sembcorp Marine is an integrated brand offering one-stop engineering solutions for the offshore, marine and energy industries. Sembcorp Marine conducts its businesses globally through shipyards in Singapore, India, Indonesia, the United Kingdom and Brazil. The shipyards worked together supporting Sembcorp Marine's portfolio of global projects.[2]

History

In October 2017, Sembcorp Marine won a $490m contract for the construction of a new floating production storage and offloading hull and living quarters with Statoil Petroleum AS.[3]

On November of the same year, Sembcorp Marine announced a collaboration with DNV GL, A*Star’s Singapore Institute of Manufacturing Technology and the National Additive Manufacturing Innovation Cluster to develop disruptive applications in drone, additive manufacturing and digital twin technologies to boost global competitiveness.[4]

On 5 September 2018, Sembcorp Marine acquired the intellectual property of Sevan Marine, specialized marine engineering and design house. Its acquisition consist of interests and titles to all of Sevan Marine ASA’S intellectual property and 95% of shares of HiLoad LNG AS for a cash consideration of $39 million.[5]

In April 2019, Semborp Marine clinched the Offshore & Marine Engineering Award in the Singapore International Maritime Centre Awards 2019.[6] In May of the same year, Sembcorp Marine revealed The Sleipnir¸ the world’s largest crane vessel which cost around US$1.5 Billion.[7]

Global Network

Singapore Hub
  • Admiralty Yard
  • Benoi Yard
  • Gul Road Yard
  • Pandan Yard
  • Tanjong Kling Yard
  • Tuas Boulevard Yard

Supporting Yards (Indonesia)
  • PT Karimun Sembawang Shipyard
  • PT SMOE Indonesia

Overseas Subsidiaries
  • Aragon AS
  • Estaleiro Jurong Aracruz
  • Gravifloat AS
  • LMG Marin AS
  • Sembmarine Kakinada
  • Sembmarine SLP
  • Sembmarine SSP

References
  1. "Key Capabilities - Sembcorp Marine Ltd". Retrieved 2016-09-20.
  2. "Our Global Network Platform - Sembcorp Marine Ltd". Retrieved 2016-09-21.
  3. "Sembcorp Marine secures $490m contract - Singapore Business Review". Retrieved 2019-06-13.
  4. "sembmarine in tie up to develop use of drones 3d printing digital twin - Straits Times Ltd". Retrieved 2019-06-13.
  5. "sembcorp marine completes sevan marine deal - offshoreenergytoday". Retrieved 2016-09-20.
  6. "leading the way in singapores maritime sector - Business Times Ltd". Retrieved 2019-06-13.
  7. "World Largest Crane Vessel - Channel Newsasia Ltd". Retrieved 2019-06-13.
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