Sembawang Shipyard Secures GasLog LNG Contract
Sembawang Shipyard, a wholly-owned subsidiary of Sembcorp Marine, has secured a long-term Favoured Customer Contract (FCC) from GasLog LNG Services, to provide ship-repair, refurbishment, upgrading and related marine services for its managed fleet of 20 LNG carriers.
GasLog LNG Services is a wholly-owned subsidiary of GasLog, an international owner, operator and manager of LNG carriers. The selection of Sembawang Shipyard as its LNG refit partner in Singapore, is also a great boost to Singapore’s status as a major global LNG hub.
This long-term maintenance and refit FCC contract signed in Piraeus, Greece, on 30th May, commits the repairs, refurbishment and upgrading of GasLog’s fleet of LNG carriers docking in Singapore exclusively to Sembawang Shipyard. It also supports joint planning, information and experience sharing, thus leveraging complementary resources to achieve sustainable targets in the areas of HSE (Health, Safety and Environment), quality, cost-efficiency and timely deliveries.
With the signing of this long-term contract, Sembawang Shipyard can anticipate the refit of 3 to 5 GasLog’s LNG carriers each year.
Press Release, June 2, 2014