Bumper Issue 2013 MICA (P) 119/08/2013

Subsidiaries:

deliveries of noble regina allen, fortius and west castor

new contracts for sembcorp marine Yards

sail-awaY of Zawtika processing & living Quarters platform

official opening of sembmarine integrated

Yard @ tuas

Graced by Guest-of-Honour Mr Lee Hsien Loong, Prime Minister of Singapore, the momentous event was witnessed by some 1,100 guests including foreign dignitaries His Excellency Duan Jielong, Ambassador of the People’s Republic of China to Singapore, His Excellency Rogelio Granguillhome, Ambassador of Mexico to Singapore, government officials, industry representatives and business partners.

The 73.3-hectare Phase I Sembmarine Integrated Yard @ Tu a s h a s c o m m e n c e d o p e r a t i o n s o n A u g u s t 5 , 2013 and is c a p a b l e o f s e r v i n g a w i d e r a n g e o f v e s s e l s and rigs, including VLCCs, n e w g e n e r a t i o n o f m e g a conta inersh ips, LNG carriers and passenger ships.

Phase I of the new yard is equ ipped wi th four VLCC

drydocks with a total dock capacity of 1.55 million dwt as well as finger piers and basin quays totalling 3.9 kilometres.

Auspicious dotting of the lions' eyes.

Welcoming the arrival of Prime Minister Lee Hsien Loong.

Singapore Prime Minister Mr Lee Hsien Loong, said: "Sembcorp Marine's plan is to ... create a 'Shipyard of the Future' which will use modern production facilities and processes to double output with half the resources to significantly increase our productivity."

Mr Leo Yip , Cha i rman of EDB, sa id : “The deve lopment of this state-of-the-art facility will enhance the industry’s competitiveness and productivity, and strengthen its global leadership.”

Mr Png Cheong Boon, CEO of JTC Corporation, said: “This iconic project reaffirms Singapore's position as a global offshore and marine hub and we are confident that it will contribute to the further success of Sembcorp Marine in Singapore."

The Honourable Guest...

Official launch of Sembmarine Integrated Yard @ Tuas by Guest-of-Honour Prime Minister Lee Hsien Loong (centre), in the presence of (from left) Sembcorp Marine’s President & CEO Mr Wong Weng Sun, Deputy Chairman Tan Sri Mohd Hassan Marican, Chairman Mr Goh Geok Ling, Sembcorp Industries’ Chairman Mr Ang Kong Hua, Sembcorp Industries’ Group President & CEO Mr Tang Kin Fei and Sembcorp Marine’s Deputy President Mr Ong Poh Kwee.

Valued Stakeholders...

Guests at the yard opening.

“This next generation yard is a testament of the efforts and strategic investments of our pioneers and leaders who have paved the way to our success today.

Mr Goh Geok LingChairman of Sembcorp Marine

Milestone Opening of the Sembmarine Integrated Yard @ TuasSembcorp Marine marked another historic milestone with the grand opening of the new Sembmarine Integrated Yard @ Tuas on November 6, 2013.

COVER STORY

2 Bumper Issue 2013

Taking a Good Look...

COVER STORY

Moments of Gratitude...

Meet & Greet...

Dedicated staff and workers of Sembcorp Marine having close interaction with Prime Minister Lee Hsien Loong.

Prime Minister Lee Hsien Loong viewing the facilities of Sembmarine Integrated Yard @ Tuas.

Mr Goh Geok Ling, Chairman of Sembcorp Marine, presenting a memento to Prime Minister Lee.

Sembcorp Marine's Senior Advisor, Mr Tan Kwi Kin, receiving a handshake from

Singapore's Prime Minister, Mr Lee Hsien Loong.

3Bumper Issue 2013

FEATuRE

The integrated and centralised one-stop hub harnesses advanced automation, optimised facilities and leading-edge innovations to maximise operational synergy and logistical efficiency to achieve higher productivity and faster turnaround.

New Yard of the Future

The opening of the Sembmarine Integrated Yard @ Tuas signals a new phase of progress for Sembcorp Marine, enabling the Group to further strengthen its capabilities for long-term competitiveness and sustainable growth.

Advanced production technology.

Production Coordination Centre, Customer Office and Learning Centre all within close proximity.

State-of-the-art workshop facilities. High standards of Health, Safety and Environment (HSE). Well-equipped medical centre facility.

•WidestdrydockinSingaporeat89mwidth,designed to accommodate jack-ups and semi-submersible rigs

• LongestanddeepestshiprepairdrydockinAsiaat 412m length, capable of docking containerships of upto18,000TEU

• Innovativeintermediatedockgatesystemproviding flexibility to configure the drydock to allow smaller ships to dock in front while other works are carried out on the rear

• Threefingerpierswithmaximumdraftfrom9mto 15m, allowing ultra-deepwater semi-submersibles and cruise ships to be berthed without restrictions

• Specialreinforcedload-outareaforoffshore platforms of up to 20,000 tonnes, allowing the direct lifting and deployment of topside modules onto the hulls without requiring the hull to be towed out to sea

•Naturaldeepwatersthatenabletheinstallationof semi-submersible thrusters without towing the rig to sea

Phase I Key Features

Aerial view of Sembmarine Integrated Yard @ Tuas.

4 Bumper Issue 2013

FEATuRE

Sembcorp Marine redefines employee care at the new Sembmarine Integrated Yard @ Tuas by providing its foreign workforce with a comfortable living environment right within the yard premises.

The convenience of in-yard living saves workers time and energy on commuting to and from their workplace, allowing them ample time to rest after work, which translates to greater productivity and efficiency on the job.

Capable of housing 4,520, the dormitory precinct features a wide range of amenit ies, including recreational and fitness facilities, multi-purpose hall, mini-mart, barber shop, remittance services, and ATM facilities within the premises.

The dietary needs of employees are also well taken care of through the yard's innovative centralised kitchen that serves a healthy selection of dishes at dining areas across three floors within the dormitory’s annex block and at the multi-function halls during lunch hours. In-house laundry services are also provided to help ease the task of laundry-washing for the residents to maximise their rest time after work.

Redefining Work-Life Harmony

In-house laundry services are provided to residents.Centralised kitchen to provide workers with healthy meals.

Multimedia room where residents can catch the latest films and movies during leisure time.

Enjoying a game at the roof-top street soccer court.

Relaxation areas for interaction.

The dormitory development has a wide range of facilities.

5Bumper Issue 2013

Noble Regina Allen, the first of the six Friede & Goldman (F&G) Ju3000N jack-up rigs built by Jurong Shipyard for Noble, was officiallynamedbyLadySponsorMrsDeanneWaardenburg,ina ceremony on September 21, 2013 which was well-attended by senior management and representatives from Noble and Jurong Shipyard as well as other key stakeholders.

Built based on the F&G Ju3000N design, the rig is suitable for operations in challenging and harsh environment conditions, including high temperature areas such as the Middle East and the North Sea.

Noble Regina Allen represents the latest generation of high-specification jack-up drilling rigs capable of operating in waters of 400 feet and drilling to depths of 35,000 feet. It offers ergonomic and efficient accommodation layout, increased deck space and strategic placement of equipment for enhanced efficiency and safety during operations.

AROuND THE YARDS

Completion Success of Noble Regina AllenSembcorp Marine’s subsidiary Jurong Shipyard and Noble Corporation celebrated the delivery of Noble Regina Allen on October 22, 2013, a month after its naming.

Sealing the jack-up delivery: (seated, left to right), Mr Dennis McGrath, Noble’s Project Manager of JU3000N, Mr Peter Richardson, Noble Project Director of New Build

Jack-ups, Mr William Gu, Jurong Shipyard’s General Manager of Offshore Division, Mr Wang Zijian, Jurong Shipyard’s Executive Director, together with key representatives

from Jurong Shipyard.

Ms Jennifer Bennett, daughter of Ms Regina Allen, and Mr Scott Marks, Noble's Senior Vice President of Engineering, unveiling a memorial plaque onboard the rig.

Scroll of blessing for Noble Regina Allen.

Sail-away of Noble Regina Allen.

Hooray to a solid Noble-Jurong Shipyard partnership.

6 Bumper Issue 2013

AROuND THE YARDS

Named Q7000, the light well intervention semi-submersible will be built based on the design jointly developed by Helix and Sembcorp Marine Technology, a fully-owned research and development subsidiary of Sembcorp Marine.

Q7000 will feature an efficient purpose-designed platform capable of conventional and extended top hole drilling, subsea construction, decommissioning well intervention, coiled tubing operations and twin ROV deployment.

Scheduled for delivery in mid-2016, the dynamic positioning class 3 (DP3) unit has the ability to operate in deep waters worldwide, including the uK sector of the North Sea and west of Africa.

Jurong Shipyard has secured a US$346 million contract to build a second semi-submersible well intervention rig for Helix Energy Solutions Group Inc. (Helix), in September 2013.

Converted from the drillship Discoverer 534, the well intervention vessel underwent upgrading and modification, including life extension works, installation of new ROV platform and well service platforms, and an overhaul of i ts propulsion system.

Capable of carrying out all methods of downhole tool deployment along with other life-of-field services, Helix 534 successfully set sail for its deployment in the Gulf of Mexico.

Conversion Success of Helix 534

Marking a strong partnership: Mr Owen Kratz, Helix’s President and Chief Executive Officer, and Mr William Gu, Jurong Shipyard’s General Manager of Offshore Division.

Helix 534 modified and ready for deployment.

Sembcorp Marine’s Jurong Shipyard has successfully delivered Helix 534, a dynamic positioning well intervention drillship to Helix Energy Solutions in September 2013.

Mr William Gu, General Manager of Offshore Division,said:“WearehonouredthatHelixhaschosentobuildtheirsecond semi-submersible well intervention rig with us. This repeat order is significant as it testifies to their trust and confidence in our design and building capabilities in rigs

with well intervention and subsea capabilities that are customised tomeetthisnewgrowthsegmentofthemarket.Wearecommittedto build on our partnership with Helix and to meet their stringent standards of quality, safety and reliability.”

Jurong Shipyard Secures US$346M Contract from Helix

7Bumper Issue 2013

Double Rig Completion for Seadrill

JurongShipyardcompletedthehand-overofWestCastor,thesecond Friede & Goldman (F&G) Ju2000E design jack-up rig builtbytheyardforSeadrill,onNovember8,2013.

Prior to its delivery, West Castor was officially named byLadySponsorMrs IngridCollinsonSeptember 28,2013, ina ceremony which was well-attended by Seadrill and Jurong Shipyard management and key stakeholders.

Builtbasedon theF&GJU2000Edesign,WestCastor iscapable of operating in waters of 400 feet and drilling to depths of 30,000 feet. The harsh-environment high-specification jack-up rig is suitable for operations worldwide, including the southern North Sea.

OnchartertoBruneiShellPetroleum,WestCastoroffersincreased deck space, accommodation for 140 men, the ability to jack with 100% preload, optimised pipe handling for "off-line" stand-building, powerful mud pumps and a dual mud system for efficient and simultaneous handling of drilling and completion fluids.

Preparing West Castor for mobilisation.

Lady Sponsor of West Castor Mrs Ingrid Collins with key management representatives of Seadrill, Sembcorp Marine and Jurong Shipyard.

Thumbs up to another job well done!

Delivery of West Castor

Seadrill and Jurong Shipyard marked two important milestones over the last quarter of 2013, with the successful delivery of West Castor in November and the naming of West Linus in December.

AROuND THE YARDS

8 Bumper Issue 2013

Lady Sponsor of West Linus Ms Sally Xia, together with key representatives of Seadrill, Sembcorp Marine and Jurong Shipyard in celebration.

The harsh-environment West Linus, ready for deployment in the Norwegian Continental Shelf.

West Linus' dedicated project team.

Rig tour for the VIPs.

Celebrating the strong partnership of Seadrill and Sembcorp Marine.

Naming of West Linus

AROuND THE YARDS

ThenamingceremonyofWestLinusheldonDecember14wasgracedby Lady Sponsor Ms Sally Xia and witnessed by the senior management and representatives from Seadrill, North Atlantic Drilling, Sembcorp Marine and Jurong Shipyard together with other key stakeholders.

Based on the Gusto MSC CJ70-X150A design, West Linus is thesecond ultra-large harsh-environment jack-up rig built by Jurong Shipyard for Seadrill’s subsidiary North Atlantic Drilling, following the deliveryofWestElaratoSeadrillin2011.

The advanced high-specification jack-up rig is capable of operating in waters of 150 metres and drilling to depths of 12,190 metres. It offers full offline capability, dual mud system for WBM/OBM, integratedslurrificationsystem/ORI, largestoragearea,highvariabledeck loadand long cantilever outreach.

Oncompletion,WestLinusisboundforoperationsattheNorwegianContinental Shelf.

9Bumper Issue 2013

AROuND THE YARDAROuND THE YARDS

PPL Shipyard, a subsidiary of Sembcorp Marine, has secured a repeat order to build a third Pacific Class 400 jack-up rig worth a total of US$211.5 million from Perisai (L) Inc, a wholly-owned subsidiary of Perisai Petroleum Teknologi Bhd, in December 2013.

Third Jack-up from Perisai

This third jack-up rig will be built based on PPL Shipyard’s proprietary Pacific Class 400 design with similar specification as the first and second jack-up rig units, named Perisai Pacific 101 and Perisai Pacific 102.

Scheduled for delivery in the third quarter of 2016, the high-specification jack-up rig will be capable of operating in deeper waters of 400 feet and drilling high pressure and high temperature wells to depths of 30,000 feet.

PPL Shipyard celebrated a key milestone with the early delivery of Fortius, the first of a series of 6 Pacific Class 400 jack-up rigs built for Integradora de Servicios Petroleros Oro Negro, S.A.P.I. de C.V. (Oro Negro), on October 22, 2013.

Fortius’ Early Delivery

Equipped with the latest drilling equipment for improved drilling efficiencies with offline handling features and simultaneous operations support, the high-specification jack-up rig is capable of operating in deeper waters of 400 feet.

Following the delivery, Fortius is currently deployed at the Gulf of Mexico under a contract with PEMEX.

Oro Negro CEO, Mr Gonzalo Gil White, at the naming ceremony of Fortius.

MrGonzaloGilWhite,CEOofOroNegro, said: “It confirmsthe superior execution capabilities of our partner PPL in the design and construction of this type of project and enables us to support our client PEMEX in its oil production and reserve replenishment plans.”

Mr Izzet Ishak, Managing Director of Perisai, with Mr Wong Teck Cheong, Managing Director of PPL Shipyard.

MrWongTeckCheong,ManagingDirectorofPPLShipyard,said: “This repeat order is an endorsement of our design and our ability to deliver on schedule and within budget.”

Fortius, the first jack-up delivered by PPL Shipyard to Oro Negro.

“This third jack-up rig order will further strengthen Perisai’s position as an offshore drilling operator and is poised to meet the strengthening global demand for jack-up drilling rigs. We are pleased with the progress of our rigs currently under construction and we are confident that PPL Shipyard will achieve the timely deliveries of our rigs and meet our stringent requirement for quality, safety and reliability.

Mr Izzet IshakManaging Director of Perisai

10 Bumper Issue 2013

Four of the seven proprietary Pacific Class 400 jack-up rigs under construction in PPL Shipyard achieved various production milestones during the last quarter of 2013.

Incorporating the latest drilling equipment for improved drilling efficiency, offline handling features and simultaneous operations support, these high-specification jack-up rigs are capable of operating in deeper waters of 400 feet and drilling high pressure and high temperature wells to depths of 30,000 feet. Equipped with full hotel services, these rigs provide single- and double-room accommodation for 150 personnel.

Construction Milestones at PPL Shipyard

Keel-laying CeremoniesCeremonies were held to mark the laying of the first double bottom steel blocks to signal the commencement of rig erection works for Pacific Class 400 jack-ups Vastus and Perisai Pacific 102 on October 31 and December 13 respectively.

Keel-laying completion of Perisai's second Pacific Class 400 jack-up, Perisai Pacific 102.

Strike-steel of Animus, Oro Negro's fifth Pacific Class 400 jack-up.

Successful keel-laying of Vastus, the fourth Pacific Class 400 jack-up ordered by Oro Negro.

Launch of Perisai Pacific 101 Perisai Pacific 101, the first turnkey jack-up rig built by PPL Shipyard for Perisai, was launched on September 22, 2013. Scheduled for delivery in the second quarter of 2014, the Pacific Class 400 jack-up rig will be chartered to Petronas, for deployment in Malaysia.

AROuND THE YARDS

Strike-steel of Animus

PPL Shipyard and Integradora de Servicios Petroleros Oro Negro, S.A.P.I. de C.V. (Oro Negro) marked the strike-steel ceremony for Oro Negro’s fifth Pacific Class 400 jack-up rig, Animus, on October 22, 2013.

Successful launch of Perisai Pacific 101, the first Pacific Class 400 jack-up built for Perisai.11Bumper Issue 2013

Sembawang Shipyard achieved another milestone with the successful construction of Investigator, a research vessel for Teekay Shipping (Australia), following its naming ceremony on September 5, 2013.

Naming of INVESTIGATOR

Graced by His Excellency Philip Green, Australia’s High Commissioner, the event was well-attended by senior management of the Commonwealth Scientific and Industrial Research Organisation (CSIRO), Teekay Shipping (Australia) and Sembawang Shipyard.

The 89-metre Investigator can accommodate 40 scientistsand cover 10,000 nautical miles in each voyage and will be deployed from the tropical north to the Antarctic ice-edge and across the Indian, Southern and Pacific oceans.

The h igh ly -advanced research vesse l is expected to significantly boost the oceanographic, geo-scientific, fishery, and ecosystem research capability of the Australian marine researchers.

Investigator all ready for her voyage.

All smiles to a great partnership.

AROuND THE YARDS

12 Bumper Issue 2013

Sembawang Shipyard has again been recognised as the world leader in repair, refurbishment and life extension of LNGs by the Ship and Offshore Repair Journal in 2013.

Sembawang Shipyard Continues Reign in LNG Repair Market

Clinching the world’s No. 1 spot in 2012 with an impressive track record of 32 LNG vessels repaired, the yard was able to retain its lead in the highly specialised and sophisticated niche market with a total of 27 LNG vessels repaired in 2013.

The yard is proud to be the chosen shipyard of world-leading owners and operators in the market including BG Americas & Global LNG, BP Shipping, BWGas, Chevron Shipping, GaslogLNG,CLSICO,ExmarLNG,GolarWilhelmsen,Hanjin Ship Management, Korea Line, MISC, Maran Gas, MO LNG, NiMiC Shipmanagement CoLtd,NigeriaLNG,NWSSSCAustralia,NYK,Oman Shipping, SK Shipping, STASCo, Teekay Gas and V.Ships LNG.

Northwest Seaeagle after her life-extension works at Sembawang Shipyard.

AROuND THE YARDS

Sembawang Shipyard, a subsidiary of Sembcorp Marine, has secured the upgrading of passenger ship Diamond Princess from Princess Cruises, USA, in October 2013.

Upgrading and Long-Term Partner Contracts from Princess Cruises

Following the successful retrofitting of its sister-ship Sun Princess, the award of the upgrading work on the115,875grtpassengershipDiamondPrincessstrengthens Sembawang Shipyard’s reputation as one of the world’s leading shipyards and Asia's No.1 shipyard for cruise ship upgrading and repairs.

Owned by Princess Cruises, one of the leading brands of Carnival Corporation, Diamond Princess is expected to enter the yard in March 2014 for a series of upgrading and revitalisation works.

Princess Cruises also went onboard as a Long-term Partner within the Favoured Customer Contract that Sembawang Shipyard has with the global cruise company, Carnival Corporation.

Mr John Gunner, Senior Vice President, Technical, Princess Cruises, said: “We look forward to a goodpartnership in the years ahead which will enhance the resu l ts of our dock ing and rev i ta l isat ion programme.”

Successful revitalisation work on Princess Cruises' Sun Princess completed at Sembawang Shipyard.

13Bumper Issue 2013

Sail-away of Zawtika Processing and Living Quarters PlatformPTTEP International (PTTEPI) and SMOE celebrated the completion success of the Zawtika Processing and Living Quarters Platform with a sail-away ceremony on October 5, 2013.

The event fu l occas ion was at tended by His Exce l lency Marut Jitpatima, Thailand Ambassador to Singapore, and His Excellency u Zay Yar Aung, Myanmar Minister of Energy, along with key management representatives from PTTEPI and SMOE.

Zawtika Processing and Living Quarters Platform (ZPQ) is an integrated platform which combines both the natural gas processing facilities and the living quarters into a single platform. The 16,500MT topside was designed and constructed

Senior management of SMOE and PTTEPI with VVIP guests, including Thailand’s Ambassador to Singapore H.E. Marut Jitpatima (7th from left), PTTEPI Board Chairman Dr. Norkun Sitthiphong, Myanmar’s Minister of Energy H.E. U Zay Yar Aung, and PTTEPI President & CEO Mr Tevin Vongvanich.

Myanmar’s Minister of Energy H.E. U Zay Yar Aung receiving a token of appreciation from SMOE's Managing Director Mr Ho Nee Sin during the celebration dinner held at the Equinox, Swissotel The Stamford.

overaperiodof28months,achievingaremarkable9,500,000man-hours without any lost-time incident (LTI).

Mr Tevin Vongvanich, President & CEO of PTTEPI, said: “ZPQ is amongst the largest in South East Asia, which is considerably the first large scale offshore gas field discovery and development that PTTEPI operates overseas. In addition, the development period of ZPQ also ranks among the fastest, compared to other global projects of similar size.”

AROuND THE YARDS

Zawtika Processing and Living Quarters Platform built by SMOE for PTTEPI.

14 Bumper Issue 2013

Double Celebration for SMOE in BatamNovember 1, 2013 was an eventful day for Sembcorp Marine’s subsidiaries SMOE and PT SMOE Indonesia as well as Det norske oljeselskap SA with the celebration of the first steel cut for the Ivar Aasen offshore platform topside project and the opening of a new fire station at the Group’s Batam yard.

Making their presence at these milestone events were client-side representatives, including Mr Sverre Skogen, CEO of Det norske oljeselskap SA, key local partner Dr Ir Fadel Muhammad, as well as the management and staff of SMOE and PT SMOE Indonesia.

The two wellhead platforms for the Naga and Pelikan offshore production facilities are capable of exporting 100 mmscfd gas from the Naga field and 130 mmscfd gas from the Pelikan field into the existing Gajah Baru Central Processing Platform (GBCPP), formerly constructed and delivered by PT SMOE Indonesia in 2011.

The Naga and PelikanWellhead Platforms will be located inNatuna Block A approximately 19 km and 32 km from the GBCPP respectively and is expected to start production by second half of 2014.

PT SMOE Indonesia, a subsidiary of SMOE, has successfully completed the engineering and construction of Naga & Pelikan Wellhead Platforms for Premier Oil Natuna Sea B.V. in October 2013.

Completion of Naga and Pelikan Project AROuND THE YARDS

Official launch of PT SMOE Indonesia fire station.

Naga and Pelikan Wellhead Platforms built by SMOE for Premier Oil Natuna Sea B.V.

VVIPs at the first steel-cut of Ivar Aasen Topside.

The dedicated project and safety team.

Facts about...Ivar Aasen offshore platform topside Scheduled for delivery in March 2016, the Ivar Aasen project entails the engineering, procurement and construction of a Process, Drilling and Quarters Platform topside for deployment west of the Johan Sverdrup-field in the Norwegian Continental Shelf, 180kmwestofStavanger.

To be integrated with a 70-men Living Quarters module cum helideck, the offshore platform topside will be equipped with modules for process, gas compression, separation and water injection, flare boom, metering and utilities.

New fire station

The newly launched fire station is SMOE Indonesia's latest facility to further strengthen the yard's safety response capabilities, following the completion of the North Yard in the first half of 2013.

15Bumper Issue 2013

The event, attended by important stakeholders from Petrobras and Odfjell Galvao, is another production milestone achieved following NS Guarapari’s first steel-cut in May 2013.

Sete Brasil and Sembcorp Marine's subsidiary Jurong Shipyard marked the keel-laying ceremony for Sete Brasil’s second drillship on October 7, 2013.

Keel-Laying of NS Guarapari

Built based on the GVA 3000E design and in compliance with the stringent Norwegian offshore health and safety standards, Safe Zephyrus will be capable of operating gangway connected in deep water and in harsh environments alongside fixed platforms, floating platforms and floating production offloading vessels.

The 450-person capacity Dynamic Positioning class 3 (DP3) accommodation semi-submersible rig features a 12-point mooring system suitable for harsh-environment operations in the Norwegian Continental Shelf.

Jurong Shipyard hosted the keel-laying ceremony for Prosafe’s second accommodation semi-submersible on November 18, 2013.

Safe Zephyrus Keel-Laying Ceremony

Prosafe and Jurong Shipyard project teams after the ceremony.

NS Guarapari project team striking a pose.

AROuND THE YARDS

16 Bumper Issue 2013

Repair Synergy at Sembmarine Integrated Yard @ Tuas

Among the first to arrive at the yard was Narmada Spirit, a 159,199 dwt crude oil tanker owned by TeekayMarineSingapore.The274.48mx48.04mx 2 3 . 1 0 m t a n k e r h a d r e n e w a l w o r k s o n h e r accommodation faci l i t ies, ballast tanks, windlass linings and heating coils. The vessel's main engine pistons and actuators along with cargo, ballast and stripping pumps were overhauled. Other works involved switchboard and air cooler cleaning as well as inspection of sea chests, shipside valves, rudder clearance, tailshaft weardown, anchor and chains. The vessel left in October after completion of hull blasting and painting.

The next visit was from the 332.90m x 60.04m x 29.00m tanker operated by MOL Tankship Management (Asia). M. Star, a 270,204 MT VLCC, underwent overhaul works on her main engine and valves as well as repair works on her deck and engine room pipes. The vessel received hull blasting and painting before her departure in the same month.

Yakumosan, an o t h e r t a n k e r o w n e d b y M O L Ta n k s h i p Management (Asia), paid a visit to the new yard for a series of repair works. The 302,165 dwt vessel measuring 333m x 60m x 20.64m, received major repair works including overhaul of her sea valves, cargo valves, ballast valves and cylinders. The scope of repairs also included routine cleaning of turbocharger air cooler, completion of rudder clearance, windlass brake renewal, installation of anti-piracy steel plate as well as full blasting and painting. Following the repairs, the vessel left the yard in October to continue the next leg of her journey.

Projects like these show the growing synergy of Sembcorp Marine's yards working hand-in-hand to deliver repair works at their finest.

A good start for the Sembmarine Integrated Yard @ Tuas!

Narmada Spirit looking refreshed.

The M. Star basking in glory after her repairs.

SHIP REPAIRS

Joint repair projects between Jurong Shipyard and Sembawang Shipyard were witnessed by the Sembmarine Integrated Yard @ Tuas as it opened its dockgates for a series of repair and maintenance works in September 2013.

The teams behind Yakumosan's repair success.

17Bumper Issue 2013

SHIP REPAIRS

Jurong Shipyard’s repair team, which made the transition to the new Sembmarine Integrated Yard @ Tuas in August 2013, provided quality care to visiting vessels during their stopovers for overhaul and maintenance in the last quarter of the year.

Seamec Princess,an offshore diving support vessel measuring 120.20m x 21.04m x 14.51m, arrived at Jurong Shipyard in July 2013 for repair and maintenance. Owned by Seamec Ltd, the 6,700 dwt vessel underwent modification and conversion of her ballast tanks and FO tanks as well as overhaul works on her bow thrusters. The vessel sailed off in September upon receiving full blasting and a fresh coat of paint.

The Jurong repair team also attended to 59,574 dwt crude oil tanker ETC Ramsis when she called for repair and testing of heating coils, overhaul of pressure/vacuum valves and ventheads as well as steel renewals. The 245.53m x 42.03m x 21.50m vessel managed by Thome Ship Management Pte Ltd left the yard after completing her repairs the following month.

Repairs were also performed on the 107,617 dwt Diamond Aspire, managed by Iino Marine Service Co. Ltd, when the vessel arrived in September 2013, following her last visit in July 2011. The scopeofworks for the243.80mx42.03mx21.30m crude oil tanker encompassed stern tube seal system modification, overhaul of the main engine piston & cylinder covers, and renewal of the engine room valves. After hull grit blasting and painting, the vessel left in October to continue her voyage.

Red Eagle, a 74,997 dwt crude oil tanker managed by Executive Ship Management (S) Pte Ltd, stopped over at the Tuas new yard from September to October 2013 for a variety of repairs. The228.16mx32.24mx20.90mvessel received significantimprovement works including installation of a new inert gas generator system and cargo line valves, overhaul of sea valves for survey, blasting and painting before leaving the yard.

Seamec Princess regains beauty.

ETC Ramsis ready for repair works.

Diamond Aspire ready for deployment.

The Red Eagle's revamped look.

Providing Quality Repair Care

18 Bumper Issue 2013

Diamond Offshore’s Ocean America took off from the Tuas new yard in November 2013 after completing a series of major renewal and restoration works. The deepwater semi-submersible drilling rig, which arrived in August, underwent anchor modifications, steel repairs and pipes renewal to enhance her capabilities and performance.

In November 2013, Lucina Providence, a 49,999 dwt LPG tanker managed byWilhelmsen Ship ManagementSdn Bhd, sailed into the yard for repair works including an overhaul of main engine fuel pumps and sea valves as well as sewage and grey water line modification. The 230mx36.6mx20.8mtankeralsounderwentinspectionof her auxiliary main engine and thrust bearings, rudder clearances, installation of a second Electronic Chart Display and Information System and hull painting before wrapping up the repairs in the same month.

The Jurong Shipyard team welcomed two oil tankers – the 135,829 dwt Altair Voyager and the 46,094 dwt Mississippi Voyager – from alliance partner Chevron Shipping Company LLC, when they arrived in September 2013 for repairs. Working closely together, the repairteams from both companies joined efforts to ensure that repair works were performed according to the highest quality and safety standards.

Measuring 258.90m x 48.30m x 25.16m,AltairVoyagerstopped over for a series of repairs, including slop tanks heating coils renewal, cargo valves overhauling, cargo lines testing as well as hull and main deck blasting and painting, before heading off in October.

Major repair works for the 183m x 32.2m x 19.15mMississippi Voyager, entailed generators, switchboard and steam pipes renewal, water ballast treatment system installation and hose crane upgrade. The vessel also received hydro-blasting and painting on the main deck prior to her departure in December.

Gaz Venezia, a 7,515 dwt LPG tanker managed by Naftomar Shipping & Trading Co Ltd, set off in December 2013 after a successful repair operation at the Tuas newyard.The112.00mx17.63mx9.78mtanker,whicharrived in October 2013, underwent crankshaft, cargo holds and steel renewals as well as routine underwater repairs before sailing away to her next destination.

Lucina Providence undergoing repairs and installation.

Gaz Venezia all freshened up.

Ocean America undergoing repairs and modification.

Mississippi Voyager all set to go.

SHIP REPAIRS

Solid teamwork for Altair Voyager's fresh restoration.

19Bumper Issue 2013

A gala dinner was held at the Grand Sands Ballroom of the Marina Bay Sands Convention Centre on November 6, 2013 to commemorate Sembcorp Marine’s 50th anniversary.

Celebrating 50 Illustrious Years of Progress

Guest-of-Honour Mr Lim Hng Kiang, Minister for Trade and Industry, joined about 1,200 guests, comprising foreign dignitaries, government officials, industry representatives, customers and business partners at the gala dinner to celebrate the Group’s 50 illustrious years of progress and growth.

A key highlight of the gala dinner was the launch of Sembcorp Marine’s 50th anniversary commemorative book which illustrates the Group’s journey of growth and transformation through the years. Tit led “Sembcorp Marine @ 50 : Create. Grow. Transform”, the pictorial book chronicles the Sembcorp Marine story and reflects on the milestones achieved, the challenges surmounted, as well as the pioneers and the visionary leaders that have led the way for the Group’s success.

SCM @ 50

NTU Provost Professor Freddy Boey, receiving a $2 million cheque from Mr Wong Weng Sun

as part of a $10 million endowment gift to advance R&D initiatives at Sembcorp Marine Lab

@ NTU.

“This commemorative book is a testament to the enterprise, tenacity, and indomitable spirit of Sembmariners through the generations that have enabled Sembcorp Marine to rise above adversities over the years.

Mr Goh Geok LingChairman of Sembcorp Marine

Guest-of-Honour Mr Lim Hng Kiang, Minister for Trade and Industry, with Sembcorp Marine’s directors and management celebrating the Group’s 50 years of growth and excellence.

Launch of the 50th anniversary commemorative book by Guest-of-Honour Mr Lim Hng Kiang (centre), together with Sembcorp Marine’s Chairman Mr Goh Geok Ling (on right) and President & CEO Mr Wong Weng Sun.

20 Bumper Issue 2013

SCM @ 50

Star emcee Ms Diana Ser adding glitz to the night.

A stirring performance by singer Ms Tay Ke Wei.

Another significant part of the event was the presentation of a $2 million cheque as part of a $10 million endowment contribution in support of a new research facility at Nanyang Technological university (NTu). Reflecting Sembcorp Marine’s continuous commitment to R&D and innovation, the Group has committed $10 million over a period of five years to an endowment fund

that supports the set-up of the Sembcorp Marine Lab @ NTu. Housed and led by NTu’s School of Mechanical & Aerospace Engineering, the lab will undertake R&D projects and serve as a nucleus for new discoveries and the development of cutting-edge innovations with a focus on productivity enhancement solutions.

Strong turnout of guests at the gala

dinner.

Arrival of Minister Lim Hng Kiang.

Coming together in celebration.

Minister Lim Hng Kiang with top management and directors of Sembcorp Industries and Sembcorp Marine.

21Bumper Issue 2013

SCM @ 50

Sembcorp Marine commemorated its 50th anniversary with several group-wide activities involving employees, customers and stakeholders during the year.

50th Anniversary Celebrations

A h igh po in t o f Sembcorp Mar i ne ’s 50 th anniversary celebrations was a road run on October 23, 2013, which drew enthusiastic participation from more than 200 staff from across the Group.

Braving the elements, the runners took about 9 hours to complete their mission of relaying the Sembcorp Marine flag across the 66km route, which connects the Group’s five Singapore yards, before coming together as one family at the new Sembmarine Integrated Yard @ Tuas.

SCM 50 Road Run Cheering crowd at the Sembmarine Integrated Yard @ Tuas.

Teams of runners in high spirits.

Flagging off the first leg of the run.

Runners on the go.

22 Bumper Issue 2013

SCM @ 50

During the year, Sembcorp Marine organised a series of local and overseas networking celebrations that paid tribute to valued clients, business partners and key stakeholders for their continuous support and invaluable contributions to the Group.

Another highlight of the 50th anniversarycelebrationswasamegaWorkplaceSafety&Health(WSH)InnovationCarnivalheldinMarch 2013, which showcased more than 30 innovation projects developed by the Group’s employees.

Networking Celebrations

WSH Innovation Carnival Group-hosted networking events in celebration of Sembcorp Marine's 50th anniversary.

Showcase of projects at the WSH Innovation Carnival.

Launch of the WSH Innovation Carnival by Mr Hawazi Daipi, Senior Parliamentary Secretary for

Education and Manpower, and Sembcorp Marine’s President & CEO Mr Wong Weng Sun.

23Bumper Issue 2013

SCM @ 50

In conjunction with Sembcorp Marine’s 50th anniversary celebrations, the Group contributed towards various charitable causes during the year as part of its corporate social responsibility initiatives.

Sembcorp Marine gave $100,000 in support of the CommunityChest’s annual HeartstringsWalk whichsought to raise funds for more then 80 charitiesand over 300,000 needy individuals in Singapore. Held on August 18, the 4km charity fun walk alongMarina Bay’s Waterfront Trail saw the participationof the Group’s senior management, employees and their family members, who enjoyed the fun-fil led carnival of activities, games and live entertainment after completing the trail.

Heartstrings Charity Walk

NTUC 50 Development FundReflecting its commitment towards Singapore’s labour movement, Sembcorp Marine donated $50,000 to the NTuC 50 Development Fund which supports key union development initiatives by the National Trades union Congress (NTuC). Through the fund, NTuC aims to grow a three-generation membership base of 1 million by 2015 comprising workers of all collars, ages and nationalities as well as to further strengthen the labour leadership and nurture future generations of labour leaders.

Sembcorp Marine management and employees having an enjoyable time at the Community

Chest Heartstrings Walk.

Presentation of a $100,000 cheque in support of the Community Chest Heartstrings Walk 2013.

Sembcorp Marine backed the Community Chest in its Christmas ChariTrees @ Marina Bay 2013 project by adopting two 10-feet-tall charity trees with a donation of $25,000. Besides illuminating theMarinaBayWaterfrontPromenadefromNovembertoDecember2013,theChariTreesservedto further raise awareness of the various beneficiaries under the Community Chest during the year-end festive season.

Christmas ChariTrees

Sembcorp Marine’s adopted Christmas ChariTrees lighting up the Marina Bay waterfront.

Mr Lim Swee Say, NTUC Secretary-General and Minister

in the Prime Minister’s Office, presenting a token of

appreciation to Sembcorp Marine for its contribution

to the NTUC 50 Development Fund.

Sixteen teams hailing from Sembcorp Marine’s five Singapore subsidiaries battled it out in a gruelling futsaltournamentheldattheGolazo,JurongWeston October 5, 2013.

Each team showed off their best skills and fought hard to clinch the coveted trophy. At the end of the heart-stopping game, team 'Eagles' from PPL Shipyard emerged the champion with another team from PPL Shipyard 'Titans' and Sembawang Shipyard’s 'Yangon Lions' snatching the first runner-up and second runner-up titles respectively.

Futsal TournamentThe bowling tourney hosted by the Group at Hometeam NS’ Starbowl on October 19 saw a huge turnout of participants. Cheered on by their supporters, some 20 teams from Jurong Shipyard, Sembawang Shipyard, SMOE, PPL Shipyard and Jurong SML showcased their pin-striking skills as they vied to get the best set of scores during the competition.

After an exciting three-round game, ‘The Bowlers’ team from Jurong Shipyard was crowned champion after scoring 2135 points, while Jurong SML’s ‘Team 1’ and another Jurong Shipyard team ‘Crazy Boy’ took second andthirdplacesrespectivelywithatotalpinfallof1998and1851.

Group Bowling @ Starbowl

'The Bowlers' team from Jurong Shipyard with their championship trophies.

Awesome team spirit from the participating futsal teams.

Sports Competition

Community Outreach @ 50

24 Bumper Issue 2013

SCMNEWS

Sembcorp Marine demonstrated its unwavering commitment in further enhancing ties between Latin America and Singapore through its strong support as a strategic sponsor of the 10th Latin Asia Business Forum on October 2, 2013.

10th Latin Asia Business Forum

Organised by International Enterprise (IE) Singapore, the full-day event at Raffles City Convention Centre was attended by over 350 delegates including government dignitaries from Latin America and Asia. Featuring a series of talks and panel discussions, the forum provided a platform for participants to explore opportunities for partnership in trade and investments as well as to share experiences and insights.

Dur ing the conference, Guest -of -Honour Mr Tharman Shanmugaratnam, Singapore Deputy Prime Minister and Minister for Finance, discussed the challenges facing both regions, including the need for investment opportunities and improved productivity. He also highlighted the importance of greater economic integration in building new markets, finding growth opportunities, and broadening trade and investment relations amidst the volatile global economy.

As part of the evening programme, Sembcorp Marine co-hosted a networking cocktail at the New Asia Bar in Swisshotel The Stamford, which provided a cosy setting for the forging of closer ties between the conference delegates and representatives from the Group.

Guest-of-Honour Mr Tharman Shanmugaratnam, Singapore Deputy Prime Minister and Minister for Finance, at the Latin Asia 2013 forum discussion.

IE Singapore’s CEO Mr Teo Eng Cheong presenting a token of appreciation to Sembcorp Marine’s representative Mr Chua San Lye, Director of Group Human Resource.

Explaining the construction progress of Estaleiro Jurong Aracruz, Sembcorp Marine’s wholly owned Brazil yard in Espirito Santo.

Close interaction: Sembcorp Marine’s Chairman Mr Goh Geok Ling and Director Mr Ajaib Haridass with IE Singapore’s CEO Mr Teo Eng Cheong.

Sembcorp Marine delegates making their presence at Latin Asia Business Forum 2013.

Networking action at the post-conference cocktail event co-hosted by Sembcorp Marine.

25Bumper Issue 2013

SCMNEWS

Corporate Transparency at its Finest

Sembcorp Marine Chief Financial Officer Mr Tan Cheng Tat receiving the Corporate Governance Second Runner-up Award from Guest-of-Honour Mrs Josephine Teo, Senior Minister of State, Ministry of Finance and Ministry of Transport.

Ms Judy Han, Sembcorp Marine's Senior Vice President of Investor Relations and Communications, receiving the top accolade for the Most Transparent Company Award on behalf of Sembcorp Marine.

Sembawang Shipyard was conferred the Best Shipyard of the Year at the Lloyd’s List Awards Asia 2013 held at Raffles City Convention Centre on November 26.

A Global Prestige

Lauded for its dedication to excellence in ship repair and offshore conversion and its forward-looking programmes to help shipowners with green shipping and compliance, Sembawang Shipyard continues to benchmark on innovation with its ongoing development of new generation emission abatement and ballast water treatment systems for shipowners to meet impending regulatory requirements.

Mr Ong Poh Kwee, Deputy President of Sembcorp Marine and Managing Director of Sembawang Shipyard, receiving the Lloyd’s List Best Shipyard of the Year Award from Mr Noboru Ueda, Chairman and President, ClassNK.

Senior management representatives from Sembcorp Marine and Sembawang Shipyard at the Lloyd’s List Awards Asia 2013.

Renowned for its excellence in corporate governance and transparency, Sembcorp Marine has clinched the top accolade for Most Transparent Company Award in the oil and gas sector as well as the second runner-up Corporate Governance Award for firms in the big cap category at the Investors’ Choice Awards 2013 organised by the Securities Investors Association of Singapore (SIAS) on November 3.

Graced by Guest-of-Honor Mrs Josephine Teo, Senior Minister of State, Ministry of Finance and Ministry of Transport, the ceremonyattheResortsWorldConventionCentre,Singaporewaswell-attendedbynotablecorporateleaders,mainindustryplayers and investors.

Sembcorp Marine is honoured to be recognised with the Most Transparent Company Award by SIAS for the ninth consecutive year based on the merits of timely disclosure, overall transparency and accessibility of information to analyst and the media.

26 Bumper Issue 2013

SCMNEWS

Exemplifying Sembcorp Marine’s notable efforts in promoting continuous improvement at the workplace, the Group’s subsidiary yards received four awards at the 16th WSH Innovations Convention in Marine Industry held on September 25, 2013.

Award-Winning Innovations

OrganisedbytheAssociationofSingaporeMarineIndustries(ASMI)andsupportedbytheWorkplaceSafetyandHealth(WSH)Council, Jurong Shipyard and Sembawang Shipyard both won gold awards, while Jurong SML received silver and bronze accolades.Thewinningprojectentries improvedWSHstandardsandpracticesaswellas increasedproductivityandreducedoperationalcosts,wereevaluatedbyrepresentativesfromtheMinistryofManpower,WSHCouncil,NgeeAnnPolytechnicandNanyang Technological university.

The Life Team from Jurong Shipyard developed the C-Dile Machine which enables hydraulic pistons to be disassembled with greater safety, precision and efficiency during repairs. The innovation from HVAC & Hydraulic Department reduces the risk of injuries by reducing manual handling, resulting to an increased productivity and efficiency.

Life Team (Jurong Shipyard) : C-dile Machine

El iminat ing the use of two power cables for heating the quiver and the electrode holder, the T-Joint Connector developed by Sembawang Shipyard’s Hull Team A aids to increase welding productivity.

Hull Team A (Sembawang Shipyard) : T-Joint Connector

Te a m P l u t o f r o m J u r o n g SML devised a cost-effective solution for the removal and r e f i t o f r u b b e r d - f e n d e r s without the need for manual handling. By eliminating the a p p l i c a t i o n o f h o t w o r k s , the D-Fender Hold ing Bar minimises the risk of injuries during the process.

Team Pluto (Jurong SML) : D-Fender Holding Bar

G r e a t l y i m p r o v i n g s a f e t y b y el iminat ing frequent monitor ing of the gangway movement , the Integrated Telescopic Gangway i n n o v a t i o n b y J u r o n g S M L ' s Shore Link is self-compensating a n d f l e x i b l e t o a d a p t t o t h e pitching and rolling movement of the ship due to tidal changes.

Shore Link (Jurong SML) : Integrated Telescopic Gangway

GOLDAWARD

GOLDAWARD

SILVERAWARD

BRONZEAWARD

27Bumper Issue 2013

SCMNEWS

Estaleiro Jurong Aracruz (EJA), a wholly-owned subsidiary of Sembcorp Marine, has been honoured nationally with the Naval Award for Quality and Sustainability (PNQS Award) in December 2013.

EJA Receives Naval Award for Quality and Sustainability

Presented by the National union of Building, Ship Repair and Offshore Industry (SINAVAL), the PNQS Award recognises companies in the sector that are committed towards corporate ethics and in creating value in the local communities.

The prestigious award is a testament of EJA’s efforts in education, health and community engagement. Notably, the yard’s ‘Navigating is a Need’ project has been engaging local communities closely to develop the social values, knowledge, skills and attitudes needed for environmental conservation and community development.

The first batch of 23 Brazilian trainees from Estaleiro Jurong Aracruz (EJA) under the Joint Educational Programme graduated from Ngee Ann Polytechnic with a Diploma (Conversion) in Marine and Offshore Technology on November 4, 2013.

Pioneer Batch of EJA Trainees Graduates

Sembcorp Marine had invested more than $2 million in the Joint Educational Programme with Brazil’s Instituto Federal do Espirito Santo and Singapore’s Ngee Ann Polytechnic to nurture a continuous pipeline of talents for EJA. As part of the programme, trainees would undergo a three-month Technical English Course and a six-month specialised course at Ngee Ann Polytechnic, ending with six-months of on-the-job training at Jurong Shipyard.

The second batch of 27 trainees is scheduled to commence the Joint Educational Programme in early January 2014.

Naval Award for Quality and Sustainability accorded to Estaleiro Jurong Aracruz.

Beaming with pride – The first batch of EJA trainees under Sembcorp Marine’s Joint Educational Programme at their graduation in Ngee Ann Polytechnic.

28 Bumper Issue 2013

SCMNEWS

Estaleiro Jurong Aracruz (EJA) actively creates value in the Brazilian community through its corporate social responsibility initiatives and sustainable practices.

Contributions to the Brazilian Community

The yard has extended its support to some 130 student athletes residing in nearby communities of Aracruz through Its ‘Good at Ball. Good at School’ and ‘Sport is Life’ programmes, These initiatives are aimed at encouraging young athletes to do well in education while pursuing their interest in sports.

In partnership with the Community Association of Barra do Riacho and SENAI, EJA has given strong support to programmes such as ‘Educational Robotics’ and ‘Educational Informatics’ which aim to develop leadership and entrepreneurship among youths in Barra do Riacho. EJA also contributed towards the successful construction of the first Community Library of Vila do Riacho to promote reading and further learning among residents.

In line with efforts to protect the environment, EJA backed initiatives such as ‘Project PGI for All’ which contribute towards sustainable management of the coast of Fundão in Espirito Santo. The yard also organised Gardening Courses to promote environmental conservation and provide horticultural skills training to locals in the community.

Gardening courses for green conservation.

Books for the youths of Riacho, a small town in Aracruz.

A library to support research and learning needs of students in the locality.

Grooming young athletes through the ‘Good at Ball. Good at School’ Programme.

29Bumper Issue 2013

Building a stronger partnership towards continued success, senior management and representatives from Chevron Shipping Company and Jurong Shipyard held its annual Advanced Suppliers Relationship (ASR) meeting on November 7 and 8, 2013.

Advanced Supplier Relationship Meeting

The participants had a fruitful two-day meeting formulating action plans for 2014 and reviewing strategies to further enhance cooperation between Chevron and Jurong Shipyard.

New Office for Chevron

HAPPENINGS

A fruitful two-day meeting with alliance partner, Chevron Shipping Company.

Chevron Shipping Company, the alliance partner of Sembcorp Marine's subsidiary Jurong Shipyard for more than 20 years, commemorated the official opening of its new office at the Sembmarine Integrated Yard @ Tuas on November 13, 2013.

A symbol ic r ibbon-cut t ing was he ld in the p r e s e n c e o f k e y r e p r e s e n t a t i v e s f r o m Chevron Sh ipp ing and Jurong Sh ipyard to mark the ausp ic ious move by the Chevron team into the i r new of f ice premises.

Auspicious ribbon-cutting by (from left to right) Chevron’s Repair Superintendent Mr Bob Jonckers, Ms Alice Choo, Engineer Superintendent Mr Steve Wilson and OE/HES Superintendent Mr Martin D’Souza.

Affirming the strong Chevron-Jurong synergy.

30 Bumper Issue 2013

A thank-you dinner was held on September 11, 2013 in honour of the employees and stakeholders who had helped make Sembcorp Marine’s National Day Parade (NDP) participation a major success.

A Joyous NDP Tradition

About 80 cont ingent members, coord inators and sen iormanagement from the Group along with key NDP committee members, trainers and marshallers from the Ministry of Defence (MINDEF) attended the meaningful event.

Everyone present enjoyed a delightful buffet dinner and a great time of networking during the gathering. To cap off the evening, certificates and tokens of appreciation were presented to the participants in appreciation of their contributions during the Group’s NDP 2013 journey.

As part of efforts to boost employee morale and build strong camaraderie, SMOE organised its annual retreat and a Dinner & Dance celebration in Penang, Malaysia from November 29 to December 1, 2013.

SMOE Retreat 2013

Held in conjunction with the yard’s 40th anniversary, the three-day retreat was wel l -supported by 200 staff and management who enjoyed a fun-filled and meaningful time of bonding through their participation in teambuilding games and an eventful Dinner & Dance hosted at the Four Points, Sheraton Hotel.

Retreat kick-off at Four Points, Sheraton Hotel in Penang.

Cheers to more great years to come!

HAPPENINGS

MINDEF representatives with senior management of Sembcorp Marine at the appreciation dinner.

Marking the success of NDP 2013!

31Bumper Issue 2013

Dolphin is a bi-monthly publication of Sembcorp Marine Ltd (Reg. No. 196300098Z).

No part of this newsletter may be reproduced or transmitted by any means or stored in any information storage and retrieval system without the publishers’ written permission.

Contact us : The Editorial Team • 29 Tanjong Kling Road Singapore628054• ir@sembcorpmarine.com.sgFor more information, visit us at : www.sembmarine.com

Reflecting Sembcorp Marine’s steadfast commitment in supporting the education of children and youths, the Group and its subsidiaries contributed close to $300,000 in financial grants through its School Book Assistance Grant (SchoolBAG) programme, benefitting 1,306 student recipients from 83 schools in 2013.

SchoolBAG Contributes $300,000 to the Community

The SchoolBAG programme has contributed more than $3,055,300 in grants to over 14,900 student beneficiaries since its launch 13 years ago. Part of Sembcorp Marine’s Commun i t y Soc i a l Respons ib i l i t y P rog ramme, t he SchoolBAG initiative aims to ease the financial burden on low-income families through grants that subsidise their children’s educational expenses. Student recipients can use the SchoolBAG grants to purchase basic school supplies, such as school textbooks, uniforms and stationery items, as well as fund enrichment programmes to support their holistic development. The broadening of the SchoolBAG programme has seen a twofold increase in the recipient numbers and grant contributions since its launch in December 2001.

Guest-of-Honour Mr K Shanmugam, Minister for Foreign Affairs and Minister for Law, presented the grants to student representatives during the SchoolBAG presentation ceremony held at Bukit View Primary School.

In his speech, Mr K Shanmugam commended Sembcorp Marine for initiating the SchoolBAG programme as part of its corporate social responsibility initiatives. He also lauded the Group’s efforts in caring for the less privileged in the community and enabling children “access to a good education regardless of their background, race, gender or social stature”.

SchoolBAG recipients together with Guest-of-Honour Mr K Shanmugam, Minister for Foreign Affairs and Minister for Law, key representatives from the Ministry of Education and senior management of Sembcorp Marine.

Guest-of-Honour Mr K Shanmugam, Minister for Foreign Affairs and Minister for Law, presenting a grant award to a primary school recipient.

Mr Ong Poh Kwee, Deputy President of Sembcorp Marine, said: “The SchoolBAG scheme is one of the ways that we give back to society and, at the same time, make a positive difference in the lives of the students and their families. A good education is one of the foundations for a secure future. For this reason, we choose to supplement the many good schemes that various government agencies have in place to help these families.”

HAPPENINGS