Singapore’s yards feel the pinch – Consulus comments on NewsBase

Dec 2, 2015 | English, News & Updates, Press, Singapore

According to NewsBase, Asian yards are struggling because of deferred deliveries and contract cancellations as the price crash has seen E&P budgets slashed around the world. Sembcorp and Keppel are both backed by Singapore’s sovereign wealth fund, which makes them better placed to survive the downturn.

In comments to NewsBase, Lawrence Chong, CEO of Consulus shared that by 2024, all of Sembcorp’s yard will be consolidated there. “The project is an ambitious one, as it involves a total rethinking of the marine sector … such as the role of sub-contractors and how to upgrade their skills too through research and technology,” he said.

Read the full article here.

Shape the World Summit 2022: Future Resilience by Design

Shape the World Summit 2022: Future Resilience by Design

Over 150 leaders from business, non-profits and social enterprises from 12 countries convened in person at The Swissotel, The Stamford for Shape the World Summit 2022 on 21st June to share personal experiences and ideas on how to shape a resilient future.

Consulus Elects First Chairwoman: Helena Pham

Consulus Elects First Chairwoman: Helena Pham

This week, during the 5th Annual Consulus Global School, conducted in a hybrid format with Consulites in attendance from 12 countries, Ms Helena Pham was elected as the Global Chairwoman for 2022 to 2023.