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June 22, 2010

Sembcorp Marine breaks ground for new yard

Singapore's Sembcorp Marine marked a major milestone in its growth and expansion strategy today with the ground-breaking of its Integrated New Yard Facility at Tuas View Extension.

The state-of-the-art New Yard will be Singapore's first integrated shipyard facility. It is designed to maximize operational synergy, production efficiency and critical mass with optimized docking and berthing facilities, an improved dock and quay ratio, a centralized work-efficient layout, and integrated facilities.

When fully completed, the 206-hectare custom-designed, purpose-built yard will boost Sembcorp Marine's total dock capacity by 62 per cent to 3,075,000 dwt.

The New Yard's strategic location along major sea lanes in the west of Singapore enables it to tap on the vibrant market for ship repair and conversion and to serve large volumes of vessels trading in the region.

M.r Lim Hng Kiang, Minister for Trade and Industry noted that Sembcorp Marine's New Yard also reflects its commitment towards raising productivity levels. Mr Lim added, "Boosting productivity levels will be a key factor in ensuring that our marine and offshore industry continues to grow and achieve long term sustainable competitiveness."

The 206-hectare Integrated New Yard Facility will be built in three phases. The 73.3-hectare S$750 million Phase I New Yard Development will focus on ship repair & conversion activities and is scheduled to be completed by end 2013 with partial operations commencing in the second half of 2012. Phase I will feature four VLCC dry docks totaling 1,550,000 dwt, a 3,408-m quay as well as workshops totaling 68,300 sq. m for hull and fitting works, a blasting and painting chamber, warehouse and cranage facilities. It will also house a 1,925 sq. m Health, Safety and Environment (HSE) Center along with medical clinic facilities, a training center of 2,725 sq.m, owners' offices of 4,125 sq.m and a 40,639 sq.m multistory dormitory for staff and the workforce.

Designed as a centralized and integrated "one-stop solutions" hub for ship repair and conversion, shipbuilding, rig building and offshore engineering & construction, the new yard facility will serve a wide range of vessels including VLCCs, new generations of mega containerships, LNG carriers and passenger ships while meeting new regulatory requirements and environmental standards.


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