Sembawang secures Carnival contract

This break-through long-term maintenance and refit contract will further boost Singapore’s target to be a major Asian cruise hub and reinforces Sembawang Shipyard’s reputation as one of the world’s leading shipyards in the highly specialised cruise ships’ repairs, refurbishment and conversion work.

The contract commits the repairs, refurbishment and upgrading of Carnival’s passenger ships that cruise in the Far East to Sembawang Shipyard. The contract excludes Princess Cruises’ fleet which has vessels currently too large for Sembawang’s dry-docks. This long-term contract also commits both companies to joint planning, information and experience sharing, thus leveraging complementary resources to achieve sustainable targets in the areas of HSE, quality, cost-efficiency and timely deliveries. It will lead to a process-based improvement using best practices across Carnival’s various brands.

With the signing of this long-term contract, Sembawang Shipyard can anticipate some 3 to 4 cruise ships each year. A typical refit ranges from S$5 million ($3.83 million) to S$10 million ($7.66 million) and each upgrade ranges from S$20 million ($15.3 million) to S$50 million ($38.3 million).