Seatrium Leverages Digital Innovations for Offshore Wind Projects and Global Growth
Seatrium, formed from the merger of Keppel Offshore & Marine and Sembcorp Marine, is advancing its operations in the offshore wind sector through the Yard of the Future initiative, which integrates smart sensors and AI across 13 global yards to enhance efficiency. The company reported a 15% increase in revenue from renewables in 2024, totaling $2.1 billion, with renewables now representing 30% of its order book. With over $11 billion in offshore wind projects, Seatrium is establishing itself as a significant player in the energy transition.
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Seatrium, formed in 2023 from the merger of Keppel Offshore & Marine and Sembcorp Marine, is enhancing its operations through the Yard of the Future initiative, supported by Enterprise Singapore. This digital transformation involves connecting 13 global yards with smart sensors and AI to optimize maintenance and project management.
The initiative aims to streamline operations, improving efficiency by up to 20% and reducing on-site manhours by 30%. Seatrium has established itself in the offshore wind sector, delivering infrastructure for major projects in Europe, including the Sofia Offshore Wind Farm and securing the BalWin 5 project in Germany.
The company reported $2.1 billion in revenue from renewables in 2024, a 15% increase from 2023, with renewables now comprising about 30% of its order book. With over $11 billion in offshore wind pipeline opportunities, Seatrium is positioning itself as a key player in the energy transition.
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