Singapore: Sembcorp Marine has broken ground on its new integrated yard in Singapore. The Singapore yard group is building a 206-hectare yard in Tuas, in the west of Singapore. The first phase of 73.3 hectares is being built at a cost of S$750m and will include four very large crude carriers drydocks. Partial operations are expected to start in the second half of 2012. "Boosting productivity levels will be a key factor in ensuring that our marine and offshore industry continues to grow and achieve long term sustainable competitiveness," said Lim Hng Kiang, Singapore's Minister for Trade and Industry. When fully completed, the 206-hectare custom-designed, purpose-built yard will boost Sembcorp Marine's total dock capacity by 62% to 3,075,000 dwt. [22/06/10]
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