Media Releases

Sembcorp Marine’s wholly-owned Brazilian subsidiary Estaleiro Jurong Aracruz (EJA) has marked a key operational milestone with the successful completion of the yard’s first vessel repair project.

Sembcorp Industries (Sembcorp) posted a net profit of S$107.0 million and a turnover of S$1.9 billion for the first quarter of 2016 (1Q2016) compared to S$142.2 million and S$2.3 billion in 1Q2015 respectively.

Sembcorp Marine Ltd (together with its subsidiaries, the “Group”) refers to the announcements it made on 6 February 2012, 8 August 2012 and 29 November 2012 in relation to a total of 7 contracts for the construction of drillships secured by its various subsidiaries from Sete Brasil’s various subsidiaries (“Sete Contracts”).

Leading energy and water company Sembcorp Industries (Sembcorp) and the National University of Singapore (NUS) today established the Sembcorp-NUS Corporate Laboratory to develop new, competitive and sustainable solutions in the areas of energy, water and waste-to-resource.

Sembcorp Marine refers to the announcements it made on 1st December 2015 and 7th April 2016 that its subsidiary PPL Shipyard Pte Ltd (“PPLS”) had on 1st December 2015 served a termination notice on Marco Polo Drilling (I) Pte Ltd (“MPD”) terminating the Contract after MPD failed to pay the 2nd disbursement of 10% of the Contract Price (US$21.43 million) by 30th November 2015 (the “2nd Disbursement”).

Sembcorp Industries (Sembcorp) is pleased to announce that it has signed a long-term power purchase agreement (PPA) with Myanma Electric Power Enterprise (MEPE) for the supply of 225 megawatts of power for a period of 22 years.

Amidst challenging conditions for businesses, Sembcorp turned in a net profit of S$548.9 million for 2015.

Sembcorp Industries (Sembcorp) today held the groundbreaking ceremony of its Nanjing International Water Hub (NIWH) on Jiangxinzhou in Nanjing city’s new central business district of Jianye in Jiangsu province.

Sembcorp Industries (Sembcorp) successfully launched the 2,640-megawatt Sembcorp Gayatri Power Complex in India today.

Sembcorp Industries (Sembcorp) is pleased to announce that Thermal Powertech Corporation India (TPCIL), which owns and operates a 1,320-megawatt coal-fired power plant in Krishnapatnam in Andhra Pradesh’s SPSR Nellore district has signed a long-term power purchase agreement (PPA) with the Telangana Power Distribution Companies.

Sembcorp Industries (Sembcorp) posted a net profit of S$548.9 million and a turnover of S$9.5 billion for the full year 2015 (FY2015) compared to S$801.1 million and S$10.9 billion in FY2014 respectively.

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