Chart of the Day: Shipyard orders could reach $6b total in 2018

Analysts gauge orders worth $3b each for Keppel and Sembmarine within the year.

This chart from CGS-CIMB shows that Singapore's shipyards are poised to bounce back up after a three-year drought of orders from 2015 to 2017.

Singapore's shipyards reversed their three-year order slump as their orders in the first quarter of 2018 exceeded those in H1 2017. According to a report, the order books of Keppel and Sembmarine at end-Q1 likely stood at $4b and $3.5b for Sembmarine, excluding Sete Brasil and Borr Drilling.

So far, Keppel has secured $580m worth of contracts, comprising a semi-submersible from Awilco (US$425m) and dual-fuel bunker tanker (more than US$15m). Sembmarine matched with a US$350m-400m hull and living EPC contract for TechnipFMC.

Within 2018, CGS-CIMB projects Keppel and Sembmarine to win a total of $3b orders each. Sembmarine is forecasted to gain further in 2019 and 2020 and have its order total rise to $3.5b.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia