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Sembcorp Marine revamps business to focus on four core strengths

Wednesday, July 1, 2015 - 15:34
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Sembcorp Marine said on Wednesday that it has reorganised its business as part of an ongoing transformation for growth strategy.

Sembcorp Marine said on Wednesday that it has reorganised its business as part of an ongoing transformation for growth strategy.

From July 1, Sembcorp Marine will be one brand focusing on four key capabilities: rigs and floaters, repairs and upgrades, offshore platforms as well as specialised shipbuilding.

The Singapore yard has also unveiled several senior appointments, with Wong Weng Sun as its president and chief executive officer. The others include:

* Ong Poh Kwee as Chief Operating Officer

* Wang Zijian as Head of Singapore Yard Operations

* Ho Nee Sin as Head of Offshore Platforms

* Wong Lee Lin as Head of Repairs & Upgrades

* William Gu as Head of Rigs & Floaters

* Freddie Woo as Head of Specialised Shipbuilding

"An exciting era of growth awaits us," said Sembcorp Marine chairman Tan Sri Mohd Hassan Marican, who has been leading the company's transformation efforts since 2013.

He added that as an integrated entity, Sembcorp Marine can further optimise its capabilities and capacities, as well as increase its efficiency and productivity to better serve its partners and customers.

Sembcorp Marine said its shipyards in Singapore are now known as:

* Sembcorp Marine Admiralty Yard

* Sembcorp Marine Benoi Yard

* Sembcorp Marine Pandan Yard

* Sembcorp Marine Tanjong Kling Yard

* Sembcorp Marine Tuas Boulevard Yard

* Sembcorp Marine Tuas Crescent Yard

* Sembcorp Marine Tuas Road Yard

Mr Wong added that the transformation is an ongoing process that allows the yard to "constantly adapt and excel in the dynamic business environment''.

"With the ability to embrace change, Sembcorp Marine will continue to stay ahead of the curve and partner with our customers and vendors for long-term success," he said.

The group operates shipyards strategically located in Singapore, India, Indonesia, the United Kingdom and Brazil.

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