Sembcorp Marine Integrated Yard opening

6 November 2013

On 6 November 2013, Prime Minister Lee Hsien Loong opened Sembcorp Marine's new integrated yard at Tuas, which will eventually consolidate the group's shipyards across the island into a single facility by 2024. The new Sembcorp Marine yard will stand at 206ha, or about the size of 300 football fields, when fully ready. It will be the largest of its kind in Singapore.

The first phase of the integrated yard, which was shown to the media and guests at the opening ceremony yesterday, stands at 73.3ha. It features four dry docks for large crude carriers with a total dock capacity of 1.55 million deadweight tonnes, as well as piers and basin lengths totalling 3.9km.

According to PM Lee, the aim of the new Sembcorp Marine yard is to create a "shipyard of the future which will significantly increase our productivity". PM Lee also added that the integrated yard will help the company optimise its layout and facilities there while freeing up the land it is occupying elsewhere for redevelopment. "It includes a one-stop solutions hub for ship repair & conversion, shipbuilding, rig building and offshore engineering & construction," he said, adding that the new facility will leverage on modern production technologies and processes to help double output.

The government will also will support the offshore and marine sector in its transformation efforts, which contributes $13 billion, or 1.6 per cent, of Singapore's gross domestic product (GDP). PM Lee outlined a four-pronged approach by which the government will help the offshore & marine sector increase its capabilities.

"First, we will help shipyards and subcontractors provide better training, adopt new production processes and promote productivity improvement efforts," he said. Secondly, the government will look at enhancing the sector's research and innovation capabilities. In addition, the government will focus on building a pipeline of talent and skilled manpower for the sector, which employs 20,000 locals, through industry-relevant specialised training programmes. There will also be a greater emphasis on working with companies to elevate the quality and pay of jobs in this particular sector.

"Finally, we will develop a strong marine and offshore eco-system, which brings together industry players, such as classification societies, equipment makers and vessel owners," PM Lee said.

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