Sunday, July 20, 2025
  • Login
Forbes 40under40
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
Forbes 40under40
No Result
View All Result
Home Real Estate

ST Engineering opens ‘smart yard’ to support marine business, replace Tuas Yard

by Stephanie Irvin
in Real Estate
ST Engineering opens ‘smart yard’ to support marine business, replace Tuas Yard
Share on FacebookShare on Twitter


ST Engineering has opened a “smart” shipyard to replace its Tuas Yard when the latter’s lease expires at the end of the year.

Gul Yard, at 55 Gul Road, is twice the size of Tuas Yard and employs technology to support yard operations, workplace safety and eco-friendly practices.  

Spanning a site area of 141,000 square metres (sq m) and a gross floor area of 74,593.2 sq m, its greater capacity lets it handle larger and more complex projects with greater efficiency, said ST Engineering. 

The company added that the greater yard size will shorten turnaround times to better support local naval requirements, and enable it to explore new market segments.

These include offshore renewables projects, offshore support vessels for the oil and gas industry, as well as support services for local and international customers.

The Gul Yard was acquired for S$95 million in February 2023 to support ST Engineering’s marine business and maintain the competitiveness of its ship repair segment. 

BT in your inbox

Start and end each day with the latest news stories and analyses delivered straight to your inbox.

It was unveiled at a ceremony officiated by Desmond Tan, Senior Minister of State in the Prime Minister’s Office, on Thursday (Sep 19).

Tan Leong Peng, ST Engineering’s president of marine, said: “Since the acquisition of the yard, we had plans to invest about S$60 million to develop new infrastructure and acquire new capabilities.” 

Alongside its expanded capacity, the new yard will be integrated with ST Engineering’s Benoi Yard to create a “seamless, unified network” that optimises project coordination, resource allocation and capacity management, said the company.

As a “next-generation smart yard”, the Gul Yard is equipped with 5G infrastructure that delivers fast and pervasive connectivity to support advanced automation, real-time data analytics and operational efficiency, it added. 

It will deploy artificial intelligence-powered technologies, including a proprietary integrated yard management system that oversees yard operations and streamlines workflow – from planning and resource allocation to tracking project milestones and predicting potential bottlenecks.

Predictive maintenance algorithms that detect early signs of equipment failure to prevent unplanned downtime, and a condition-based monitoring system that monitors equipment and ships in real time are also among the technologies the yard will use.  

To improve workplace safety, ST Engineering’s safety and video analytics solution Agil Vision will be deployed with security robots to identify potential hazards in real time and provide automated safety alerts. 

Drones will also inspect hazardous, hard-to-reach areas, while Internet of Things-enabled devices such as smart watches and helmets provide real-time updates on work progress and workers’ safety. 

Tan said: “There are also plans to have similar digital advancements at our Benoi Yard. With both yards at the cutting edge of technology, we can then leverage their combined strengths to unlock new opportunities locally and globally, contributing to Singapore’s continued growth as a global leader in the maritime industry.”

The new yard also aims to significantly cut carbon emissions by 2034, by adopting renewable energy sources such as ammonia, hydrogen, biofuel and solar power.

In line with these efforts, it will reduce fossil fuel reliance by deploying electric-powered automated guided vehicles and buggies, as well as minimise waste through recycling and scrap sorting. 

Tags: BusinessEngineeringMarineOpensReplaceSmartSupportTuasYard
Stephanie Irvin

Stephanie Irvin

Next Post
China says will negotiate ‘until the last minute’ on EU EV probe

China says will negotiate ‘until the last minute’ on EU EV probe

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Forbes 40under40 stands as a distinguished platform revered for its commitment to honoring and applauding the remarkable achievements of exceptional individuals who have yet to reach the age of 40. This esteemed initiative serves as a beacon of inspiration, spotlighting trailblazers across various industries and domains, showcasing their innovation, leadership, and impact on a global scale.

 
 
 
 

NEWS

  • Forbes Magazine
  • Technology
  • Innovation
  • Money
  • Leadership
  • Real Estate
  • Lifestyle
Instagram Facebook Youtube

© 2024 Forbes 40under40. All Rights Reserved.

  • About Us
  • Advertise
  • Contact Us
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle

© 2024 Forbes 40under40. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In