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Sembcorp Signs $1 Billion Contract for World’s Largest Semi-Submersible Crane Vessel

Sembcorp Signs $1 Billion Contract for World’s Largest Semi-Submersible Crane Vessel
Sembcorp Marine (SCM) says it has entered into a $1 billion contract with Heerema Offshore Services for the engineering and construction of the world’s largest semi-submersible crane vessel.

The new DP3, dual fuel crane vessel will be designed for the installation and decommissioning of major offshore facilities worldwide, and will be equipped with two Huisman offshore cranes with 10,000 MT of lifting capacity each. The vessel will measure 220 meters by 102 meters and displace 273,700 MT, which will give it the title of world’s largest semi-submersible crane vessel.

Delivery is expected in the fourth quarter of 2018.

The contract follows an earlier letter-of-intent signed between SCM’s wholly owned subsidiary Jurong Shipyard Pte Ltd and HOS in March this year for the vessel.

The vessel will be built at the Sembcorp Marine Tuas Boulevard Yard in Singapore. Phase 1 of Tuas Boulevard yard spans 73.3 hectares and is equipped with four VLCC drydocks with a total dock capacity of 1.55 million DWT. Phase II spans 34.5 hectares and will include a steel fabrication facility and another three dry docks, including an offshore dock measuring 255 meters by 110 meters where the NSCV will be built.

“We strongly believe in the successful cooperation between Sembcorp Marine and Heerema to build the world’s largest semi-submersible crane vessel,” commented Jan Pieter Klaver, CEO of Heerema Marine Contractors. “The new vessel’s two Tub Mounted Cranes and dual fuel engines will enable Heerema Marine Contractors to offer unparalleled installation and decommissioning services. This will meet our long-term strategy of delivering the best possible services to the global offshore oil and gas industry.”

William Gu Wei Guang, Head of Sembcorp Marine Rigs & Floaters, said: “With our new facilities at Tuas that boost deeper quayside draft and wider dock space, we are confident that we will be able to meet our customer’s expectations. This is also in alignment with our strategic vision to penetrate into the Deep water draft market segment and also serves as a great testimony to our continuous commitment in providing one-stop, tailor-made solutions to our customers.”

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