Value Microcaps Junior Energy

[avandalay05]

10Bagger - SMBMF.PK
SEMBCORP MARINE LTD (SMBMF.PK)

Do you still like Sembcorp Marine? Singapore Marine Engineering Co.
Thanks,
Art

Business Summary

Sembcorp Marine Ltd, an investment holding company, engages in the marine and offshore engineering business primarily in Singapore, rest of Asia, and Europe. It offers ship repair services to tankers of various sizes, including mid-sized tankers, very large crude carriers, and ultra large crude carriers; and repairs chemical tankers, container vessels, passenger ships, LNG and LPG gas carriers, dredgers, bulk carriers, derrick barges, and navy vessels. The company also designs and constructs product tankers of about 11,500 deadweight tones (dwt); container carriers of about 1,078 TEU to 2,600 TEU; tankers of about 90,000 dwt; ocean-going tugs; ice-class chemical tankers; multi-purpose cargo vessels; containerships; ice-breaking tugs; ro-ro vessels; bulk carriers; and cable laying and repair vessels. In addition, it engages in the conversion of tankers to floating production storage offloading units and floating storage offloading units; reconstruction of derrick/crane semi-submersible to floating production units; and conversion of dynamic positioning pipe-laying and construction barge, as well as repair and upgrading of jack-up drilling rigs, and upgrading of semi-submersible rigs for deep-water drilling. The company?s specialized ship conversion services include the conversion of tankers to lightering vessels, cargo vessels to livestock carriers, cargo vessels to container ships, power barge conversions, and the jumboisation and dejumboisation of vessels. Further, it is involved in the engineering, procurement, construction, transportation, installation, offshore hook-up, and commissioning of offshore production platforms and floating production facilities for the oil and gas industries, as well as in rig building. The company was formerly known as Jurong Shipyard Ltd and changed its name to Sembcorp Marine Ltd in January 2000. The company was incorporated in 1963 and is based in Singapore. Sembcorp Marine Ltd is a subsidiary of Sembcorp Industries Ltd.