New Yard Facility
Located at Tuas View Extension, west of Singapore, the planned 206-hectare New Yard Facility is strategically located along the major sea lanes in the Singapore Straits.
Location of the New Yard Facility
The New Yard will enable the Group to provide its customers with enhanced services, faster turnaround time and more cost-competitive solutions.
Featuring a revolutionary, work-effective and efficient concept and layout, it will provide a centralised and integrated “one-stop solutions” hub for ship repair & conversion, shipbuilding, rig building and offshore engineering & construction. The New Yard equipped with new technologies and optimised layout will be wellpositioned to face the challenges from shipyards in the region.
The custom built state of the art yard facility is designed to serve a wide range of vessels including VLCCs, new generations of mega containerships, LNG carriers and passenger ships. It will be geared to meet the requirements of vessels to comply with new regulatory and environmental standards.
Sembcorp Marine will benefit from resource optimisation and economies of scale through greater operational synergy, production efficiency and critical mass.
The salient features of the New Yard will include:
• Optimised docking and berthing facilities, with an improved dock and quay ratio, to ensure effective utilisation and faster turnaround in repairs and upgrading of ships, rigs and floaters. Total dock capacity will increase by 62% from 1,897,500 dwt to 3,075,000 dwt with the number of docks remaining at 11 docks
• Centralised and efficient layout to minimise logistical resource movement and redundancy through effective and efficient deployment of resources (including labour).
• Integrated facilities and utilities together with state-of-the-art production technology to ensure lower production costs. They also increase the flexibility in the cross-deployment and multi-tasking of workers, leading to improved workforce productivity and quality of work.
• Integrated capabilities to handle complex and sizable tasks efficiently through enhanced production systems and processes.
A 30 plus 30 years Lease Agreement for the Phase 1’s 73.3 hectares of land has been signed with JTC with site development commencing in December 2009.
The entire site is expected to be developed over a period of 16 years and in three phases. The construction of Phase 1, which comprises 73.3 hectares of land, will take approximately 4 years commencing December 2009. The remaining 2 phases is expected to be developed over a period of 12 years.
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