Sembcorp Marine scores $288m worth of new contracts

Singapore’s Sembcorp Marine has secured a series of new contracts with a total value of around S$400m ($288m) to provide engineering solutions for offshore gas and wind farm developments as well as a cruise ship upgrade.

Sembcorp Marine Rigs & Floaters was awarded a contract by a joint venture between Shapoorji Pallonji Oil and Gas and Bumi Armada to convert VLCC Ariake to a FPSO unit for deployment on the east coast of India.

Sembcorp Marine Repairs & Upgrades added new gas projects for the conversion of LNG tanker Dwiputra into a 125,000cbm FSRU for a joint venture between MOL and Karpower International, the conversion of NYK Line’s former gas carrier LNG Flora into a 127,000cbm FSU for Gasfin Development and upgrading works on the 173,400cbm FSRU BW Magna for BW LNG.

Additionally, Sembcorp Marine Repairs & Upgrades also secured the makeover project for Japan’s largest cruise ship, Asuka II, for NYK Cruises.

Lastly, Sembcorp Marine Offshore Platforms landed a contract with Jan De Nul to fabricate 15 jacket foundations for the Formosa 2 Offshore Wind Farm.

“Despite the challenging market conditions, we have been steadfastly pursuing the available pockets of opportunities,” said Wong Weng Sun, president and chief executive officer of Sembcorp Marine.

“Sembcorp Marine will continue to innovate and improve our capabilities, so that we can sustain our long-term competitiveness by having the best solutions for the evolving global offshore, marine and energy industries,” Wong added.


Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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