Sembcorp Marine Reports S$583 Million Net Loss For FY 2020

sembcorp marine shipyard

Sembcorp Marine had a difficult year battling the challenges brought on by the COVID-19 pandemic. Singapore’s COVID-19 containment measures implemented in April led to extended production stoppages and consequent delays in project execution and completion. Production activities resumed gradually from early July 2020 to reach almost full workforce levels near the end of November.

The Group engaged all its global customers and no existing projects were cancelled. However, Group revenue was...

https://www.marineinsight.com/shipping-news/sembcorp-marine-reports-s583-million-net-loss-for-fy-2020/

Shipbuilding and Repair To Get A Facelift With Landmark Project

  • Polar fabricated, tested, installed functional additive manufactured parts on board the oil tanker Endeavor.
  • Traditionally, parts used in shipbuilding and repair are manufactured via casting or forging techniques.
  • the consortium aimed to utilize Additive Manufacturing (AM) to fabricate three types of parts that surpass conventionally manufactured products in terms of quality.

A recent news article published in the ABS deals with the ABS, Sembcorp Marine, 3D Metalforge and Polar Tankers in...

https://mfame.guru/shipbuilding-and-repair-to-get-a-facelift-with-landmark-project/

COLUMN | Falling Knives and Walking Away: Sete Brasil, Petrobras, Keppel Corp., Knarr Drilling and Magni Partners [Part Two]

Last week we looked here at how China State Shipbuilding Corporation has decided to restart work on a pair of unfinished deepwater drilling rigs in Shanghai Shipyard at ..

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-falling-knives-and-walking-away-sete-brasil-petrobras-keppel-corp-knarr-drilling-and-magni-partners-part-two/

ABS, Sembcorp Marine And A*STAR’s IHPC Complete LNG JDPs For Advances In Mitigation Measures

ABS

ABS, Sembcorp Marine, and A*STAR’s Institute of High-Performance Computing (IHPC) have successfully completed joint development projects in LNG bunkering and the use of LNG as a marine fuel.

The projects arose out of the Memorandum of Understanding signed by ABS, Sembcorp Marine, and A*STAR’s IHPC in 2018 to advance the use of LNG as a marine fuel and to make LNG more accessible, reliable, and safer for the industry.

The joint development projects (JDPs) brought together engineers with diverse...

https://www.marineinsight.com/shipping-news/abs-sembcorp-marine-and-astars-ihpc-complete-lng-jdps-for-advances-in-mitigation-measures/