Sembcorp unveils plans for new yard

Sembcorp Marine today unveils plans to develop a modern, cost-efficient and integrated New Yard facility to position the group for sustainable growth and expansion of its marine and offshore businesses.

To be situated at Tuas View Extension in the west of Singapore, the planned 206-

hectare New Yard facility will be strategically located along the major sea lanes in

the Singapore Straits.

The New Yard will enable the group to provide its customers with enhanced

services, faster turnaround time and more cost-competitive solutions. Featuring a revolutionary, work-effective and efficient concept and layout, it will provide a centralised and integrated “one-stop solutions” hub for ship repair and conversion, shipbuilding, rig building and offshore engineering & construction. The

New Yard equipped with new technologies and optimised layout will be well positioned to face the challenges from shipyards in the region.

The custom built state of the art yard facility is designed to serve a wide range of vessels including VLCCs, new generations of mega containerships, LNG carriers and passenger ships. It will be geared to meet the requirements of vessels to comply with new regulatory and environmental standards.

The entire site is expected to be developed over a period of 16 years and in three

phases. The construction of Phase 1, which comprises 73.3 hectares of land, will

take approximately 4 years commencing December 2009. The remaining 2 phases

are expected to be developed over a period of 12 years.