Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Sembmarine investing $562m in mega-yard phase two

Sembmarine investing $562m in mega-yard phase two
Sembcorp Marine (Sembmarine) is investing SGD711m ($562m) in phase two of its mega-yard in Singapore including what it describes as a “highly automated” steel fabrication facility.

Phase two of Sembmarine’s Integrated Yard @Tuas will feature a SGD222m steel fabrication facility that it said will offer “a streamlined, seamless and extensively automated production process from steel stock yard to final assembly and finishing shop”.

Steel fabrication is major competitive advantage to Chinese yards versus Singapore facilities due to their lower land and labour costs.

Phase two of yard will cover 34.5 ha the company claims the new steel fabrication unit will have three times the capacity of its current facility at Jurong Shipyard and combined with an optimal layout will be twice as efficient.

The 206 ha mega-yard, phase one of which was launched last year, will eventually house all of Sembmarine’s facilities in Singapore including Jurong and Sembawang Shipyards.

The yard group is planning two 150,000 dwt suezmax capacity docks for phase two, plus a dock designed for offshore rig work.

When phase two is completed, we will have seven dry docks in operation including the four VLCC docks in phase one. This will give the yard greater flexibility and enable us to keep work flowing continuously,” said Wong Weng Sun ceo of Sembmarine.

“We remain optimistic about the long-term outlook of the offshore and marine industry. With the new facilities in phase two, the group will be well placed to benefit from the anticipated growth in demand for modern docking capacity, and to delivervalue-added and cost competitive solutions to better meet the needs of our growing list of global customers and alliance partners,” he added.