Jurong Shipyard secures letter of intent for the engineering an construction of a new semi-submersible crane vessel
Sembcorp Marine announced that its wholly-owned subsidiary Jurong Shipyard Pte Ltd has entered into an exclusive letter of intent with Heerema Offshore Services B.V. for the engineering and construction of a new semi-submersible crane vessel (NSCV), the company said in its press release.
The NSCV is designed to install and remove offshore facilities world-wide and will be equipped with two Huisman heavy-lifting offshore cranes of 10,000 MT lifting capacity each and a large reinforced work deck area. With a vessel length of 214 meters and a width of 97.5 meters, the NSCV will be the largest crane vessel in the world. Furthermore, the NSCV will be self-propelled with a transit speed of 10 knots, with power generated by means of dual fuel engines – MGO & LNG. Station-keeping is by means of dynamic positioning (DP3) or mooring system.
Heerema Offshore Services B.V. is a subsidiary of Heerema Marine Contractors Nederland Holding SE (HMC). The Company brings more than 50 years of specialized skills to the offshore oil and gas industry and has since firmly established itself as a leader in transportation, installation and removal of all types of offshore facilities, including fixed and floating structures and subsea pipelines and infrastructure in shallow, deep and ultra-deep waters. HMC currently owns four of the world’s largest crane vessels, namely: SSCV Thialf, Hermod, DCV Balder and Aegir, the latest addition to their fleet.
The LOI is not expected to have any material impact on the net tangible assets and earnings per share of Sembcorp Marine for the year ending December 31, 2015.