Sembcorp Marine Invests $176M on Steel Fabrication Facility at Tuas Yard
Singapore-based Sembcorp Marine reported Wednesday that the Group will invest in a multi-functional steel fabrication facility which will significantly enhance automation and productivity at its offshore rig building, conversion and production and ship-repair businesses.
To be located at its Sembmarine Integrated Yard @ Tuas location, the new steel fabrication facility will offer a streamlined, seamless and extensively automated production process from steel stock yard to final assembly and finishing shop. Total investment in the fabrication facility is approximately $176 million (SGD 222 million).
When completed in 3Q 2015, the new facility will be equipped with advanced equipment and machinery, and will have a tonnage capacity of more than three times that of the existing hull shop at the Group’s Tanjong Kling yard. Together with the optimal layout, overall efficiency is expected to more than double.
The steel fabrication facility is designed eventually to be the central kitchen for steel fabrication for all three phases of the new Tuas yard.
Details on Phase II development of Sembmarine Integrated Yard @Tuas
Further to the Group’s earlier announcement on Phase II of the Sembmarine Integrated Yard @ Tuas (SIY@Tuas) on December 2012, Sembcorp Marine wishes to highlight that construction has commenced at the 85.25 acre (34.5 hectare) site.
Given the robust demand for its four VLCC dry docks in Phase I, the Group intends to build another three dry docks on the Phase II site, of which two will be 150,000 deadweight ton (dwt) capacity (dimensions of 836.6 feet or 255 metres by 170.6 feet or 52 metres by minus 26.2 feet or 8 meters), while the third will be a dedicated offshore dry dock (dimensions 836.6 feet or 255 metres by 360.8 feet or 110 meters by minus 39.3 feet or 12 metres depth) for offshore rig-building, upgrades and repairs.
Sembcorp Marine President & CEO Wong Weng Sun said: “When Phase II is completed, we will have seven dry docks in operation including the four VLCC docks in Phase One. This will give the yard greater flexibility and enable us to keep work flowing continuously.”
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