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March 24, 2022

Sembcorp Marine secures contract to build wind turbine installation vessel

Construction of the next-generation WTIV is anticipated to be completed in early 2025.

Sembcorp Marine Rigs & Floaters, a wholly owned subsidiary of Sembcorp Marine, has won a contract from an undisclosed customer to build a wind turbine installation vessel (WTIV).

Sembcorp Marine worked with the customer for two years on design development and verification work, creating an in-house design that will be used for the next-generation WTIV.

Construction of the vessel is expected to be completed in early 2025.

It will be constructed to operate at a ‘high level of efficiency’, as well as handle next-generation wind turbines.

These wind turbines will feature longer and lighter rotor blades, stable drive trains, taller towers, and performance improving control systems as well as multi-megawatt power generation units.

Sembcorp Marine Rigs & Floaters senior vice-president Wong Teck Cheong said: “We are grateful for the confidence our customer has placed with Sembcorp Marine to bring this breakthrough WTIV design to the offshore wind market.

“The group looks forward to continuing the close collaboration with our customer to execute this project and contribute to the pace of energy transition.”

This contract is not anticipated to have any material impact on the net tangible assets and earnings per share of the Group for this fiscal year ending on 31 December, stated the company.

Sembcorp Marine provides wind farm solutions, including offshore substations, WTIVs and cylindrical floating foundation solutions for next-generation offshore wind turbines.

Its offerings also include zero-emission battery-powered/hydrogen fuel cell-powered vessels, liquefied natural gas (LNG)-battery hybrid tugs, and Gravifloat LNG export and import terminals.

In 2018, the specialised shipbuilder secured a design and construction contract from Norwegian shipping company Norled for three identical hybrid plug-in roll-on / roll-off (RoPax) passenger ferries.

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