, Singapore

Sembmarine clinches contracts worth $175m

It includes repair and modernisation works on 13 cruise ships.

Sembcorp Marine (Sembmarine) secured new contracts worth $175m, for projects comprising the design and construction of a 12,000-cubic-metre (cbm) LNG bunker vessel as well as repair and modernisation works on 13 cruise ships, an announcement revealed.


The LNG bunker vessel which is for delivery to Mitsui OSK Lines (MOL) in 2021 will be constructed at Sembcorp Marine Tuas Boulevard Yard. The 112m long and 22m wide LNG bunker vessel will have two GTT Mark III Flex membrane tanks with a combined 12,000 cbm capacity, making it what Sembmarine claims to be the largest of its kind to be built locally, in terms of size and LNG tank capacity.

Upon its completion in early 2021, the vessel will be chartered to Pavilion Gas Pte Ltd for deployment in Singapore. Pavilion Gas is a subsidiary of Pavilion Energy Pte Ltd. Cruise ship repair and modernisation projects.

Sembmarine has 13 new cruise vessel repair and modernisation projects to be executed at its Admiralty and Tuas Boulevard yards in 2019. The group has partnered with cruise brands such as Carnival Cruise Line, Royal Caribbean Cruise Line, Star Cruises, Norwegian Cruise Line and Star Clippers Monaco for the said projects.
 

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

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.

Exclusives

Singapore, Hong Kong take rival paths to capture global gold trade
One builds MAS-backed vaulting for central banks, the other opens a pipeline to Shanghai.
Monday.com picks Singapore for Southeast Asia expansion
Its in-house designers created Singapore-inspired artwork in the company's colors.
Tsuklio targets dual-income families in Singapore expansion
The Japanese meal subscription platform logged 3,000 pre-registrations before launch.