Two New Projects Worth Over S$200 Million Deepen Sembcorp Marine’s Footprint in Renewable Energy Engineering Solutions
Monday 29 October 2018
Sembcorp Marine is breaking new ground in renewable energy engineering solutions with two separate projects worth over S$200 million.
The Group has inked an agreement with Ørsted Wind Power subsidiary Optimus Wind Limited for engineering, procurement, construction, hook-up and commissioning works on two topsides, to be deployed at the Hornsea 2 Offshore Wind Farm in the UK North Sea.
With a combined weight of approximately 8,700 tonnes, the two topsides will be fabricated at Sembcorp Marine’s integrated yard facilities for delivery in the first quarter of 2021.
The 1.4 gigawatt (GW) capacity Hornsea 2 Offshore Wind Farm – the world’s biggest when operational in 2022 – is located 89km north-east of Grimsby, and will be capable of supplying green electricity to over 1.3 million UK households.
Separately, Sembcorp Marine has won its first design-and-construction roll on/roll off passenger (ropax) ship project comprising three identical plug-in ropax ferries. These vessels will be built to a proprietary design from Sembcorp Marine subsidiary LMG Marin for delivery to Norled AS in the fourth quarter of 2020.
Specially tailored to Norled’s shortsea Hella-Vangsnes-Dragsvik connections in Norway, the 84.2-metre long multi-deck, double-ended ferries can each carry up to 300 passengers and crew, as well as 80 cars or a combination of 10 cars and 10 trailer trucks.
The highly energy-efficient vessels will operate normally on zero-emissions battery power at a service speed of 10 knots. When required, they can run on combined battery-diesel hybrid backup modes.
The Norled ropax ferries will use lithium-ion batteries for propulsion, complemented by energy-efficient solutions throughout the vessels’ design and shore-side hydroelectricity recharging points along their service route. This enables the ferries to operate with zero emissions cost-competitively.
LMG Marine offers a wide range of designs and technologies for sustainable ship operations, including LNG, battery, hydrogen and hybrid propulsion systems. These customisable solutions cater for ropaxes, high-speed ferries, cruise and expedition vessels, as well as other ship types of varying sizes and for different operating environments.
A game-changer in environmentally-friendly ferry operations, Norled launched MF Ampere, the world’s first all-electric car ferry, in 2015. The vessel now operates between Lavik and Oppedal in Norway.
Sembcorp Marine expects a positive contribution to its earnings from the contracts with Optimus Wind Limited and Norled AS. However, the contracts are not expected to have any material impact on the Group’s net tangible assets and earnings per share for the year ending December 31, 2018.