Corporate Milestones

1963

  • Incorporation of Jurong Shipyard as a joint venture between the Economic Development Board of Singapore and Ishikawajima-Harima Heavy Industries Co Ltd of Japan (IHI)

1968

  • Incorporation of Jurong Shipbuilders
  • Incorporation of Sembawang Shipyard

1976

  • Merger of Jurong Shipbuilders with Jurong Shipyard

1987

  • Public Listing of Jurong Shipyard Limited

1997

  • Acquisition of Sembawang Shipyard Pte Ltd, along with its subsidiary company P.T. Karimun Sembawang Shipyard (Indonesia) (65%) and associate company Bohai Sembawang Shipyard (China) (50%)

1999

  • Acquisition of SML Shipyard

2000

  • Name change of listed entity from Jurong Shipyard Ltd to Sembcorp Marine Ltd
  • Incorporation of Jurong Shipyard Pte Ltd, which operates as a separate brand name alongside other shipyards in Sembcorp Marine's network.

2001

  • Acquisition of 50% of PPL Shipyard
  • Acquisition of 35% of Maua Jurong (Brazil)

2002

  • Acquisition of 20% of Cosco (Dalian) Shipyard (China)
  • Acquisition of remaining 35% stake in PT Karimun Sembawang Shipyard from PT Primabahtera Indoshipyard (Total: 100%)

2003

  • Acquisition of additional 35% of PPL Shipyard (Total: 85%)
  • Disposal of entire shareholding in Bohai Sembawang Shipyard (China)

2004

  • Acquisition of 30% of Cosco Shipyard Group (China), the enlarged group comprising five shipyards in the key coastal cities of Dalian, Nantong, Shanghai, Zhoushan and Guangzhou

2005

  • Acquisition of Sabine Industries Inc., Texas, USA

2006

  • Acquisition of SMOE Pte Ltd and PT SMOE Indonesia
  • Acquisition of Sembawang Bethlehem Pte Ltd (SemBeth), including SemBeth's properties

2007

  • Strategic investment of 3.31% in Pipavav Shipyard Limited, India
  • Acquisition of entire shareholding of Sabine Industries (renamed SembCorp-Sabine Industries, Inc.), comprising Sabine Shipyard (renamed SembCorp-Sabine Shipyard) and Sabine Offshore Services Inc. from PPL Shipyard (Total: 100%)

2008

  • Strategic Alliance Agreement with Rio de Janeiro-based Mac Laren Shipyard to operate a shipyard in Brazil

2009

  • Development of Integrated New Yard at Tuas View Extension
  • Incorporation of a 19.9% shareholding in Sembmarine Kakinada Ltd

2010

  • Development of Estaleiro Jurong Aracruz (EJA) in the Municipal of Aracruz, in the State of Espirito Santo, Brazil

2011

  • Acquisition of additional 20.1% of Sembmarine Kakinada Ltd  (Total: 40%)
  • Groundbreaking of Estaleiro Jurong Aracruz (EJA) in Espirito Santo, Brazil

2012

  • Strategic investment of 20% equity interest in Ecospec Global Technology Pte Ltd by Sembawang Shipyard
  • Incorporation of Jurong Offshore Pte Ltd 
  • Acquisition of SLP Engineering Ltd (renamed Sembmarine SLP Ltd)

2013

  • Official opening of Sembmarine Integrated Yard @ Tuas

 

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Corporate Governance

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