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SembMarine bags contract to retrofit 13 ships from Maran Tankers

The Business Times by WONG KAI YI


SEMBCORP Marine (SembMarine) has bagged a contract from Greek shipping firm Maran Tankers to install marine scrubbers and ballast-water management systems on 13 vessels.

The contract involves outfitting four of Maran's Suezmax tankers with marine scrubbers and ballast-water management systems.

This will be done between the third quarter of 2018 and the fourth quarter of 2019.

Nine other vessels, Very Large Crude Carriers (VLCCs), will have scrubbers installed in them between May 2019 and February 2020.

All the installations will take place at SembMarine's Tuas Boulevard Yard and Admiralty Yard, the company announced on Thursday.

SembMarine did not reveal the value of the contact, citing contract confidentiality.

Its other customers which have undergone similar green technology installations include ASP Shipmanagement, Asean Cableship, Carnival Corporation, Chevron Shipping, KLC Shipping, MOL Shipping, Naftomar Shipping, Petroleum Geo-Services, Solvang Skibs AS and Wilhelmsen Ship Management.

Maran said that SembMarine was selected to be its partner for scrubber and ballast-water management system installations as it had "demonstrated the ability to work in tandem with us right from the project's initial phase, showing dedication and commitment to resolve challenges as a team".

SembMarine's head of repairs and upgrades Alvin Gan said that the contract was "testimony to our expertise and trusted experience in a highly competitive market".

The firm's turnkey green technology retrofits include project management, vessel survey, integration design engineering, green technology equipment supply and retrofitting services conducted within scheduled vessel dry-dockings.

SembMarine's counter ended Thursday trading up 0.6 per cent, or by one Singapore cent, to S$1.69.