On 27 April Sembcorp Marine officially changed its name to Seatrium with launches at the Sea Asia event and Singapore Exchange. Under the structure of the combination with Keppel O&M the merged company was initially known as Sembcorp Marine until its new name was chosen and then approved by shareholders.
The launch at Sea Asia also the signing of a master research collaboration agreement
Between Seatrium and the Technology Centre for Offshore and Marine, Singapore (TCOMS) to set up the Seatrium-TCOMS Ocean Lab.
The agreement was signed Chief Executive Officers of Seatrium and TCOMS, Chris Ong and Professor Chan Eng Soon respectively, and witnessed by Singapore Minister of State for Trade and Industry Low Yen Ling, Mark Gainsborough, Chairman of Seatrium, and Frederick Chew, Chief Executive Officer of the Agency for Science, Technology and Research (A*STAR).
Research will be centred on floating offshore wind, smart floating production platforms, autonomous and green ships, ammonia and hydrogen as fuels and carbon capture and storage, and digitalisation.
Seatrium CEO Ong said, “This collaboration will allow us to accelerate our strategic growth into the renewable and clean energy segments and further diversify our business portfolio into new areas of offshore renewables, electrification, gas value chain as well as carbon capture and storage solutions. Co-innovation by talents in both organisations will enable testing, simulations, digital twinning and analysis to be performed in this world class ocean basin facility.”
Professor Chan from TCOMS said, “We are delighted to have the opportunity to support Seatrium in their transformative journey to develop innovative engineering solutions for the offshore, marine and new energy industries, especially in advancing the design and operational capabilities of ocean systems deployed in challenging marine environments.”
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