Media Releases

Sembcorp Marine’s subsidiary Jurong Shipyard marked an important milestone in its growth and expansion strategy with the ground-breaking of Estaleiro Jurong Aracruz, the Group’s first overseas Integrated New Yard Facility in the state of Espirito Santo, Brazil.

Sembcorp Marine’s subsidiary Sembawang Shipyard has secured a US$140 million contract from Equinox Offshore Accommodation Limited to convert a ropax vessel to a DP2 Accommodation and Repair Vessel (ARV).

Sembcorp Marine's subsidiary Jurong Shipyard has secured a US$291.6 million contract to build an accommodation semi-submersible rig with options for another two units from Prosafe, the world's leading owner and operator of accommodation and service rigs.

Sembcorp today opens its first industrial water reclamation plant in China capable of producing 20,000 cubic metres per day of industrial water and up to 4,000 cubic metres per day of demineralised water for supply to customers in the Zhangjiagang Free Trade Port Zone.

Sembcorp Industries (Sembcorp) achieved a healthy 5% increase in net profit (Net Profit) attributable to shareholders of the Company before exceptional items for the first nine months of 2011 (9M2011).

Sembcorp Marine’s subsidiary Sembawang Shipyard, in a consortium arrangement with PT Scorpa Pranedya, has secured a US$300 million Floating Storage Offloading (FSO) tanker conversion contract from Mobil Cepu Ltd, a subsidiary of Exxon Mobil Corporation, contractor for the Indonesian Oil and Gas Regulatory Body (BPMIGAS) for Cepu Block.

Sembcorp is pleased to announce that its wholly-owned subsidiaries, Sembcorp China Holding and Sembcorp Industrial Parks, will be signing agreements with the Qidong LVSI Coastal Economic Development Zone (Qidong EDZ) Administration Committee and the New District Administrative Committee of Wuxi Municipal People's Government respectively, to explore further business opportunities in Jiangsu province, China.

Sembcorp Marine's wholly-owned subsidiary SMOE has been awarded a contract valued at approximately US$100 million and may potentially increase to be in excess of approximately US$150 million for the module assembly for Australia Pacific LNG's liquefied natural gas facility on Curtis Island, Queensland, Australia.

Jurong Shipyard, a wholly-owned subsidiary of Sembcorp Marine, has secured an approximately S$130 million project to convert the Very Large Crude Carrier (VLCC) tanker, the MV “TAR II” (ex STAR II), to a Floating Production Storage and Offloading (FPSO) vessel for MODEC.

Sembcorp Marine is pleased to announce the appointment of Tan Sri Mohd Hassan Marican as an independent Director on the Board of Sembcorp Marine with effect from 1 October 2011.

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