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Singapore : SEMBAWANG SHIPYARD scores contract from GASLOG LNG SERVICES

Publish Date : 04-Jun-2014

Sembawang Shipyard, a subsidiary of Sembcorp Marine, has scored a long-term contract from GasLog LNG Services Ltd to deliver ship-repair, refurbishment, upgrading and other related marine services for Gaslog's flotilla of 20 LNG carriers.

GasLog LNG Services Ltd is a subsidiary of Gaslog Ltd. The contract includes the repairs, refurbishment and upgrading of GasLog's fleet of LNG carriers docking in Singapore exclusively to Sembawang Shipyard.

According to Sembawang, it also backs joint planning, information and experience sharing, so leveraging complementary resources to obtain sustainable goals in the areas of health, safety and environment (HSE), quality, cost-efficiency and timely deliveries.

Mr. Theodoros Katemidis, General Manager of GasLog LNG Services Ltd, commented “Sembawang Shipyard is internationally recognised as one of the most technically competent and efficient repair yards in the world, especially in the area of LNG carriers repairs and upgrading. The selection of Sembawang Shipyard as our exclusive refit partner for our scheduled dry-docking in Singapore is in line with GasLog's global refit strategy to work towards implementing best practices across GasLog's entire fleet and thereby optimising repair processes."

He further added "Moreover, we have had many positive experiences with Sembawang Shipyard, which laid the foundation for us to enter into this long-term partnership arrangement with the Shipyard. More than these, the partnership is about trust and commitment between our two companies. We thus look forward to a long and successful partnership with Sembawang Shipyard."

Ms. Wong Lee-Lin, Executive Director of Sembawang Shipyard stated, "We are indeed honoured and delighted to be the chosen partner of GasLog, one of the world's leading international owner and managers of LNG carriers. Partnering with GasLog LNG Services Ltd. will not only increase our market share of LNG repairs/upgrading business but will also enhance our capabilities level as a world-class shipyard for LNG carriers' repairs and upgrades. We are confident that our long-term partnership will deliver visible mutual benefits and continuous improvement to both companies."

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