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Sembmarine_Green is the new gold_a better future
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dcproperty
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12-Jan-2022 10:59
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I do have properties for rental too.
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uiop1223 ( Date: 12-Jan-2022 10:33) Posted:
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I bought into nasdaq and s&p last fri, closed yesterday and made USD8k. If u follow us mkt closely, opportunities come every month. This also become my recurring income (usd5-10k monthly)
U need to know how to move on. And not just trying to earn money from a certain counter.
I lost $16k on liongold, learn lesson and move on. I nv tried to average down and wait. Whats the price now? $0.003? $0.002? Imagine i spend my money, effort on this counter. No pt.
I lost about usd5k on EHT. Lucky i cut loss and move on. Now this trust is suspended.
You cant win on all positions u enter. Need to accept this
Chagataii ( Date: 12-Jan-2022 10:29) Posted:
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I love volatility, up and down i make money.
And yes, i own 2 pte property and my tenant happily paying mortgage interest for me. Looking to sell every 3-4 yrs. there are good debts and bad debts. Good investment to hold and bad investment to hold.
Those who hold SMM and comfort themselves only paper loss are siao kias. Nv close position means nv lose money? What kind of logic 😂 😂 😂
Semcorpse? After 3yrs? Still 8 cents or dilution until $0.001? 🤣
dcproperty ( Date: 12-Jan-2022 09:16) Posted:
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Two Korean giants merging process still on going after so many years.
Many obstacles to overcome.......end up may even fail to merge.
As for Japanese yards, have been struggling for very long time.
Only just recovering, no time to think about eating other yards la.
Merge with Keppel O& M and go for green energy, as one strong entity, is the best choice for now.
Chagataii ( Date: 12-Jan-2022 09:56) Posted:
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Yes, you are right.
You would have been making some bank interest by put your money in the bank rather than paying short financing interest.
Why keep shorting SMM and pay interest? -:)
 
uiop1223 ( Date: 12-Jan-2022 08:11) Posted:
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better ( Date: 11-Jan-2022 18:59) Posted:
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ABS Grants AIP for MOL' s Ammonia Bunkering Vessel
 
Japanese shipping company Mitsui O.S.K. Lines, Ltd. on Tuesday announced that the company, along with ITOCHU Corporation has obtained approval in principle (AIP) from the American Bureau of Shipping (ABS) for an ammonia bunkering vessel concept.
 
The project is part of a joint development study on ammonia fuel supply chain in Singapore. MOL, which already has experience and knowledge of liquefied natural gas (LNG) bunkering vessels, is taking part in the project together with its partners in the LNG bunkering business in Singapore-TotalEnergies Marine Fuels Pte. Ltd. and Pavilion Energy Singapore Pte. Ltd.
 
MOL and ITOCHU jointly designed the ammonia bunkering vessel in cooperation with Sembcorp Marine Integrated Yard Pte. Ltd., and after conducting a risk assessment (Hazard Identification Study: HAZID) with the partners in Singapore, applied for and received the AIP. The vessel' s design incorporates extensive safety measures in consideration of ammonia' s toxicity.
 
Marine engine manufacturers around the world are working to develop ammonia-fueled engines, and delivery of the first ammonia-fueled vessel is expected in the late 2020s at the earliest. MOL' s ammonia bunkering vessel has been developed to supply these next-generation-fueled vessels.
 
Ammonia is in the spotlight as a promising next-generation clean energy source that produces no carbon dioxide (CO2) during combustion. MOL is working to develop ammonia-fueled vessels and create an ammonia transport business, in the hopes of launching net zero emission oceangoing vessels during the current decade and achieving net zero greenhouse gas (GHG) emissions by 2050.
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Johan Castberg production vessel leaves Sembcorp Marine yard in Singapore
 
https://scandasia.com/johan-castberg-production-vessel-leaves-sembcorp-marine-yard-in-singapore/
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Below is another big step towards being the greenest yard in the world.  Green is the new gold.
 
11 Jan 2022
  Print
Taking Another Step Towards a Decarbonised Future: Sembcorp Marine and Partners Attained AIP from ABS to Design an Ammonia Bunkering Vessel
Collaboration to explore viability of ammonia as a marine fuel to pave the way for emission-free shipping in the future
Demonstrates Sembcorp Marine&rsquo s commitment to support the marine industry&rsquo s transition with the provision of innovative and sustainable solutions
 
Singapore, 11 January 2022  &ndash Sembcorp Marine Ltd. (the &ldquo Company&rdquo , together with its subsidiaries, the &ldquo Group&rdquo ), through its wholly-owned subsidiaries, Sembcorp Marine Integrated Yard Pte. Ltd. (&ldquo SMIY&rdquo ) and LMG Marin AS (&ldquo LMG Marin&rdquo ), together with its partners, Mitsui O.S.K Lines, Ltd, and ITOCHU Corporation, have attained Approval in Principle (&ldquo AIP&rdquo ) from the American Bureau of Shipping (&ldquo ABS&rdquo ) for the conceptual design of an ammonia bunkering vessel.
Leveraging SMIY&rsquo s vast expertise and technological bench strength in the design and construction of marine vessels, as well as LMG Marin&rsquo s cutting-edge design capabilities, the Group designed a NH3 bunkering vessel and provided associated information for a Hazard Identification Study (&ldquo HAZID&rdquo ). Sembcorp Marine, with support from its partners and ABS, carried out a comprehensive HAZID in fulfilment of the AIP application which was also instrumental in the attainment of AIP. The vessel&rsquo s rigorous design took into consideration ammonia&rsquo s toxicity, as well as design input on the cargo containment system and bunkering system from Wartsila Gas Solutions and Trelleborg Westbury/KLAW LNG respectively.
This vessel, if realised, will be the first of its kind bunker vessel. It will also augment Singapore&rsquo s marine decarbonisation efforts with resultant positive impact on the global maritime industry. A successful outcome will support the International Maritime Organization&rsquo s ambition to halve the total annual GHG emissions from international shipping by 2050 compared to 2008 levels.
The Group believes in playing an active part in contributing to decarbonisation in the maritime industry. It has developed a suite of comprehensive Gas Value Chain solutions. Notably, the Group is building a 12,000 m³ LNG (Liquefied Natural Gas) bunkering vessel for Mitsui O.S.K. Once completed, this vessel will be the largest LNG bunkering vessel built in Singapore, complementing Singapore&rsquo s advocacy for decarbonisation and augmenting the development of Singapore&rsquo s ecosystem and infrastructure to support LNG bunkering.
In April 2021, Sembcorp Marine entered into a Memorandum of Understanding with Shell and Penguin International to jointly develop hydrogen as a marine fuel, another first for Singapore as this nation-state continues to champion decarbonisation and emission-free shipping in the future.
Sembcorp Marine President and CEO, Mr Wong Weng Sun, said: &ldquo Sembcorp Marine is delighted to undertake another collaborative effort that has the potential to revolutionise shipping and transportation. This collaboration clearly underpins the Global Centre for Maritime Decarbonisation&rsquo s ongoing pursuit to define the safety and operation envelopes to enable ammonia pilot demonstrations in Singapore.&rdquo
&ldquo We are cognizant that the push to accelerate decarbonisation must be supported by a portfolio of solutions. We are leveraging our proven expertise and differentiated capabilities in the design and fabrication of offshore structures and vessels to support the offshore, marine and energy industries&rsquo mission critical search for viable solutions to reduce their carbon footprint. This joint project is also in line with Sembcorp Marine&rsquo s Sustainability Vision to reduce our carbon footprint.&rdquo
 

Artist&rsquo s impression of the Ammonia Bunkering Vessel designed by Sembcorp Marine&rsquo s wholly-owned subsidiaries, Sembcorp Marine Integrated Yard and LMG Marin
dcproperty ( Date: 11-Jan-2022 16:08) Posted:
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dcproperty ( Date: 11-Jan-2022 16:08) Posted:
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Yes, with the devaluing assets and lawsuit, Keppel can' t fly. It would be win-win situation should Keppel offload KOM to SMM.
The longer merging delay, Keppel price might continue to drop. No point buying Keppel now. SMM is much better bet now. SMM doesn' t have (much) toxic assets. SMM is converting most of the projects into cash now
better ( Date: 11-Jan-2022 15:39) Posted:
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Yup, chart expert is the only self proclaimed expert here.
But he becomes angry bird now. Knowing that his price target of $0.04 is diminishing lo.
No just that, he is accumulating short financing interest... haha
better ( Date: 11-Jan-2022 11:43) Posted:
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Chagataii ( Date: 11-Jan-2022 13:31) Posted:
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Chagataii ( Date: 11-Jan-2022 13:33) Posted:
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