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Latest Posts By better
- Elite
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| 25-Nov-2021 19:24 |
Seatrium
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Sembmarine_Green is the new gold_a better future
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Read carefully: the 2 contracts announced not fully confirmed. Both pending FID and final confirmation.
KC is quite desperate to get whatever leverage they can find for the merger discussion.
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| 25-Nov-2021 17:33 |
Seatrium
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Sembmarine_Green is the new gold_a better future
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Nothing done for my 8.4 cents buy order queuing since yesterday.  Most volume transacted at 8.6 cents today.  Seems like the Shortist is silently buying back a little... Let' s see what tomo brings. |
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| 25-Nov-2021 15:58 |
Seatrium
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Sembmarine_Green is the new gold_a better future
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Thank you for your sacrifice. All the best for your other counter.![]()
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| 25-Nov-2021 15:46 |
Seatrium
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Sembmarine_Green is the new gold_a better future
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All the initiatives like 3D printing of spare parts and bubble tech (below) are helping SCM bring in about S$600mil in  R& U (repair and upgrade) revenue in 2021. With elevated shipping rates and comeback of the cruise industry, 2022 R& U revenue (including LNG conversion projects) might be closer to $1billion.   Bubble Tech Helps Methane Carrier Save 6.6% net on Fuel, EmissionsMarineLink  April 16, 2021 Retrofit of air lubrication technology achieves verified performance of 6.6% net savings during initial testing. Silverstream Technologies' air lubrication system, the Silverstream System, has reportedly delivered 6.6% fuel and emissions savings during testing on the Shell-chartered 170,000 cbm LNG carrier Methane Patricia Camila. The Silverstream System is designed to enable fuel and emissions efficiencies by producing a thin layer of microbubbles along the full flat bottom of the vessel, reducing frictional resistance between the water and the hull. The System was successfully retrofitted on the 2010-built LNGC during its October 2020 planned dry docking at the Sembcorp Marine Admiralty Shipyard in Singapore. The project was installed within the planned dry docking period, and was delivered on budget. From design through to installation the System was reviewed and approved by ABS in accordance with their guidance note for Air Lubrication Technology.   MR BUBBLE: The Silverstream System is designed to enable fuel and emissions efficiencies by producing a thin layer of microbubbles along the full flat bottom of the vessel, reducing frictional resistance between the water and the hull. Image courtesy Silverstream Technologies/Shell
 
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| 25-Nov-2021 14:50 |
Seatrium
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Sembmarine_Green is the new gold_a better future
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Let me help you:  " Calling all supporters of the Venerable chart_expert123, if there is any, please offload all now at 8.4 cents because He has proclaimed that it will crash to 4 cents next year" . I would do my part to camp at 8.4  to help absorb the selling pressure. Please proceed when ready.
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| 25-Nov-2021 13:55 |
Seatrium
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Sembmarine_Green is the new gold_a better future
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Thanks for your rocket fuel. Am camping a small order at 8.4 see whether Shortist want to sell 8.3 over the weekend, then have to roll over my order.
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| 25-Nov-2021 10:42 |
Seatrium
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Sembmarine_Green is the new gold_a better future
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Noted.
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| 25-Nov-2021 10:28 |
Seatrium
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Sembmarine_Green is the new gold_a better future
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Thanks Tigerplay for sacrificing once again. Once you sell, sure to soar.
Sell 1/3 better than nothing, at least can bring it to 12 cents.
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| 25-Nov-2021 00:32 |
Seatrium
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Sembmarine_Green is the new gold_a better future
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24 Nov 2021
ABS approves 3D printed spare parts after successful testing on board an oil tankerABS, ConocoPhillips Polar Tankers, Sembcorp Marine and 3D Metalforge complete landmark &ldquo additive manufacturing&rdquo project
This pioneering AM project started in February 2021 with the fabrication and lab-testing of functional additive manufactured parts, which were then installed on board the oil tanker  Polar  Endeavour. After six months in operation, all parts have since been retrieved and inspected by the vessel&rsquo s crew, followed by a remote survey by ABS. Mr Patrick Ryan, ABS Senior Vice President, Global Engineering and Technology, said, &ldquo We are delighted with the performance of the parts and the successful completion of the project. It&rsquo s an important step forward for a technology that certainly has a significant role to play in the future of the marine industry. ABS is committed to ensuring these types of parts are introduced without compromising safety.&rdquo Additive Manufacturing or 3D printing is the fabrication of parts by adding material layer by layer. It means products and components can be fabricated locally or potentially on board ships and offshore assets, shrinking the supply chain and lead times for specialised and complex parts, introducing new efficiencies driven by design innovation, reduced manufacturing time, and improvements in parts availability. Traditional parts used in shipbuilding and repair are manufactured via casting or forging techniques. For this project, the consortium utilised AM to fabricate three types of parts that meet or may even exceed conventionally manufactured products in terms of quality. ABS has now approved these additive manufactured spare parts after successful onboard testing on an oil tanker. The three parts were:
Mr Robert Noyer, ConocoPhillips Polar Tankers Engineering Superintendent, said, &ldquo The superior performance of these parts in service is a testament to the rigorous engineering, manufacturing and post-production testing put in place by the team involved with this venture. We look forward to future opportunities to support our vessels with this technology.&rdquo Sembcorp Marine Head of Research & Development, Mr Simon Kuik, said, &ldquo The success of this project augurs well for the adoption of AM in the marine industry. Through AM, Sembcorp Marine is able to customise parts for our customers and reduce material wastage and remove supply chain inefficiencies. This augments our value proposition as a one-stop innovative solutions provider for the offshore, marine and energy industries and affirms our sustainability ethos.&rdquo
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| 24-Nov-2021 10:25 |
Seatrium
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Sembmarine_Green is the new gold_a better future
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A good start today.  8.5/ 8.6  Let' s see. | ||||
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| 23-Nov-2021 12:33 |
Seatrium
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Sembmarine_Green is the new gold_a better future
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Exactly, Keppel corp used to be traded above $10, company valued at over $20 billion.
Because of Keppel OM, more than $10 billion wiped off from its mkt cap.
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| 23-Nov-2021 10:58 |
Seatrium
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Sembmarine_Green is the new gold_a better future
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Goods chance Cambo project is going to be approved soon.
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| 22-Nov-2021 21:34 |
Seatrium
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Sembmarine_Green is the new gold_a better future
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There you are. Sembmarine' s contract, won in March this year. 5 times bigger, currently building in Batam.
29 Mar 2021 Sembcorp Marine Partners GE Renewable Energy&rsquo s Grid Solutions to Build State-of-the-art Electrical Transmission System for RWE RenewablesSembcorp Marine makes further inroads into renewable energy sector Singapore, 29 March 2021  &ndash Sembcorp Marine Ltd and GE Renewable Energy&rsquo s Grid Solutions have secured a contract from RWE Renewables, to supply the high voltage direct current (HVDC) electrical transmission system for the Sofia Offshore Wind Farm. Located on Dogger Bank, 195 km off the north east coastline of UK in the central North Sea, Sofia spans an area of 593 km2. With a capacity of 1.4 gigawatt (GW) that will power the equivalent of nearly 1.2 million UK homes with clean and renewable energy, Sofia will be one of the largest wind farms in the world when completed. Sembcorp Marine and GE Renewable Energy&rsquo s Grid Solutions began early design works for the project in July 2020, after being chosen as the preferred supplier of the HVDC electrical transmission system. The HVDC system represents Sofia&rsquo s second largest contract and is worth approximately £ 600 million (S$1.12 billion). The contract work scope comprises the design, manufacture, installation, commissioning and maintenance of the offshore converter platform (OCP) and the onshore converter station (OCS), including all ancillary equipment. Sembcorp Marine&rsquo s scope of work includes the design, construction, installation and commissioning of the OCP. The OCP, at the heart of the wind farm, comprises a 17,000-tonne topside and jacket foundation structure piled into the seabed 220 km from the nearest shore. It will be the most powerful and most remote OCP ever built. Sven Utermö hlen, Chief Operating Officer Wind Offshore Global of RWE Renewables said: &ldquo Signing this contract with the consortium of GE&rsquo s Grid Solutions and Sembcorp Marine for the supply of Sofia&rsquo s HVDC electrical system reflects RWE&rsquo s strong commitment to innovation and to pushing the boundaries of what is capable within the sector. The 1.4GW Sofia project is our first to use the HVDC technology, which was selected to maximise the wind farm&rsquo s export capacity from a location so far from shore. We are delighted to be working with such a strong pairing on the delivery of this flagship project located on the remote Dogger Bank, in the middle of the North Sea.&rdquo Mr Samuel Wong, Head of Sembcorp Marine Offshore Platforms said: &ldquo Sembcorp Marine is excited to work on this mega-project with GE Renewable Energy&rsquo s Grid Solution to support RWE Renewables&rsquo Sofia Offshore Wind Farm project to augment its supply of wind energy in the UK.&rdquo
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| 22-Nov-2021 19:14 |
Seatrium
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Sembmarine_Green is the new gold_a better future
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Offshore Wind: Keppel O& M to Build Topsides for Two Offshore SubstationsOE Staff  November 22, 2021
Credit: Keppel Offshore & Marine
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Singapore' s Keppel Offshore & Marine has secured a contract from an undisclosed renewable energy company to build two offshore substations topsides (OSS) worth around S$110 million (around 73,4 million U.S. dollars). Keppel O& M, through its subsidiary Keppel Fels, will be responsible for the engineering, procurement, construction, testing and commissioning for the topside modules of two OSS.  This excludes the OSS foundations, as well as certain electrical components to be provided by the client.  " It is scheduled to be completed in 2024 to be deployed in an offshore wind farm," Keppel Offshore & Marine said. The company said that the contract would be on progressive payment milestones and will have neutral project cashflow.   Chris Ong, CEO of Keppel O& M, said, " We are pleased to secure this contract, which reflects Keppel O& M&rsquo s continuing pivot towards renewables and cleaner energy solutions. It is testament to Keppel O& M&rsquo s execution excellence, as well as our ability to deliver reliable, consistent, and quality solutions for the offshore wind industry.&rdquo The Sofia HVDC convertor substation that Sembmarine is building at its Batam yard is about 4-5 times bigger than the above. Looks like the Singapore united yard is progressing well in the offshore windfarm space.  Green is the new gold.   |
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| 22-Nov-2021 18:27 |
Seatrium
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Sembmarine_Green is the new gold_a better future
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UOB Kay Hian' s forecasted SCM 2021' s    pre-tax loss of $565mil and    Net loss of $963mil.  The differential of $398mil are provisions which you cannot claim tax credit until it is actualised. Expecting SCM to be EBITDA positive in 2022. Expecting SCM' s ending cash balance for 2021 to be $1.34 bil  and 2022 to be $1.2 bil. I expect the actual numbers to be slightly better than the above. For those interested, can read the full report @ https://research.sginvestors.io/2021/11/sembcorp-marine-uob-kay-hian-research-2021-11-12.html   |
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| 22-Nov-2021 17:44 |
Seatrium
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Sembmarine_Green is the new gold_a better future
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The week before, during the sudden surge to 8.9 cents, I posted that it was likely to drop back to the 8.3/ 8.4 level. There are buying interest beneath this baby, but the " actual" buying is likely to start only when the news flow turn really positive. Until then, most of the volume is likely left hand sell to right hand type by the Shortist, nicknamed the Vampire Squid. They are likely the same people that shorted SPH all the way from $3+ to $1 previously. better           ( Date: 09-Nov-2021 11:44) Posted:  
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| 21-Nov-2021 16:58 |
Seatrium
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Sembmarine_Green is the new gold_a better future
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Thanks, I am just one of the many shareholders that bought too early, did not foresee the 2nd rights issue coming and am sitting on a substantial paper loss despite subscribing quite a truckload of the 8 cents rights shares to average down.      Now ending up with more SCM' s shares than all the directors and senior mgt combined.Medium term, I am cautiously optimistic and expect it to march towards 20 cents before the merger is announced.
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| 21-Nov-2021 16:56 |
Seatrium
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Sembmarine_Green is the new gold_a better future
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Singapore-India VTL to start with six daily flights from Chennai, Delhi and Mumbai
A plane flying past the sunrise on its way to Changi Airport on Sep 10, 2021. (Photo: Gaya Chandramohan) 21 Nov 2021 03:57PM(Updated: 21 Nov 2021 04:39PM)
SINGAPORE: Singapore' s vaccinated travel lane (VTL) with India will start on Nov 29, with six designated flights  daily from Chennai, Delhi and Mumbai, said the Civil Aviation Authority of Singapore (CAAS) on Sunday (Nov 21).  Applications for vaccinated travel passes (VTP) for short-term visitors and long-term pass holders from India will start on Nov 22 at 6pm Singapore time.  CAAS said on Sunday (Nov 21) that it had reached an agreement with the India' s Ministry of Civil Aviation on the resumption of scheduled commercial passenger flights between the two countries.  Airlines can also operate non-VTL flights between India and Singapore, although passengers on non-VTL flights will be subject to the prevailing public health requirements, CAAS said.  " CAAS understands that travellers are looking forward to the launch of the VTL and would like to assure travellers that there is no need to rush to apply for the VTP," the authority said.  Short-term visitors and long-term pass holders must apply for a VTP to enter Singapore under the VTL. VTP applications for travellers from Indonesia and Malaysia will open on Nov 22 at 10am Singapore time. Seems like SCM' s challenge of shortage of cheap skilled labour is going to be resolved very soon. |
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| 20-Nov-2021 17:43 |
Seatrium
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Sembmarine_Green is the new gold_a better future
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Yinson is the ONLY company bidding for this very complex project. They would get it as long as they meet petrobras' terms and demands. With the supply chain tightening up quickly, most players like SBM offshore and Modec are not bidding unless terms are decent, as there is a high chance of cost overrun. Yinson is taking a high risk to accedpt Petrobras stringent terms, hoping to squeeze the China supply chain and other service providers to deliver cheap.
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| 19-Nov-2021 20:46 |
Seatrium
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Sembmarine_Green is the new gold_a better future
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No girl can escape his devil palm..... But frankly, i think they are paid to do a job. No choice have to stick around. Runners of the runner of the runner of the Shortist puppet master who is likely a Wall street shark.
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MR BUBBLE: The Silverstream System is designed to enable fuel and emissions efficiencies by producing a thin layer of microbubbles along the full flat bottom of the vessel, reducing frictional resistance between the water and the hull. Image courtesy Silverstream Technologies/Shell



