SINGAPORE, June 3, 2024 -- Seatrium Limited (Seatrium, or the Group), and M1 have jointly signed a Memorandum of Understanding (MoU) to accelerate digital connectivity to aid yard operations, marking a significant milestone in Seatrium’s digital transformation journey. The strategic partnership is an integral part of Seatrium’s Digital Strategy, which aims to establish a Smart Yard equipped with future-proof ultra-high-speed connectivity that supports the Group’s One Seatrium Delivery Model.
This partnership aims to explore the potential of 5G connectivity in yards for digitalisation and integrated yard operations. By enhancing 5G within Seatrium’s yards in Singapore, a range of applications including smart video analytics, Artificial Intelligence (AI) and digital twin technology augmented with real-time Internet of Things (IoT) capabilities of Seatrium’s yards globally, will empower the Group to achieve its operational excellence.
Building on a previous partnership established in 2022, which included 5G connectivity in one of the pilot yards and the deployment of 5G use cases in Augmented and Virtual Reality (AR/VR) Smart Glasses solutions at the pilot yard in Singapore, this collaboration aims to leverage digitalisation and virtual technology to enhance the efficiency of remote operations for Seatrium’s tech-enabled workforce.
In addition to 5G exploration, the collaboration may also extend into other M1 enterprise services and industry solutions including IoT applications, surveillance, and cyber security to support Seatrium’s operational needs.
Mr Chris Ong, CEO at Seatrium, said, “This partnership with M1 marks another significant milestone in Seatrium’s digital transformation journey. By harnessing the advanced capabilities of 5G technology coupled with M1’s robust enterprise solutions, we are committed to fostering innovation and enhancing efficiency throughout our operations and business processes. The partnership also underscores our dedication to nurture and unlock the full potential of our workforce, supporting a future-ready enterprise.”
At a glance
- Company
- Seatrium Limited
- Announcement
- Partnership
- Location
- Singapore
People
- Chris OngCEO at Seatrium
- Manjot Singh MannCEO at M1
Products and programs
Mr Manjot Singh Mann, CEO at M1, commented, “We are excited to collaborate with Seatrium on this transformative initiative. Our joint exploration of 5G and other enterprise solutions aligns with our commitment to empowering businesses with cutting-edge technology and bespoke solutions.”
-End-
Seatrium and M1 join forces to accelerate digital connectivity for yard operations.
Mr Chris Ong, CEO, Seatrium and Mr Manjot Singh Mann, CEO, M1. (Photo: M1)
About M1
M1, a subsidiary of Keppel Ltd., is Singapore’s first digital network operator, providing a suite of communications services, including mobile, fixed line and fibre offerings, to over two million customers.
Since the launch of its commercial services in 1997, M1 has achieved many firsts – becoming one of the first operators to be awarded one of Singapore’s two nationwide 5G standalone network licences, first operator to offer nationwide 4G service, as well as ultra high-speed fixed broadband, fixed voice and other services on the Next Generation Nationwide Broadband Network (NGNBN).
M1’s mission is to drive transformation and evolution in Singapore’s telecommunications landscape through cutting-edge technology and made-to-measure offerings. For more information, visit m1.com.sg
About Seatrium Limited
Seatrium Limited provides innovative engineering solutions to the global offshore, marine and energy industries. Headquartered in Singapore, the Group has over 60 years of track record in the design and construction of rigs, floaters, offshore platforms and specialised vessels, as well as in the repair, upgrading and conversion of different ship types.
The Group’s key business segments include Oil & Gas Newbuilds and Conversions, Offshore Renewables, Repairs & Upgrades, and New Energies, with a growing focus on sustainable solutions to advance the global energy transition and maritime decarbonisation.
As a premier global player offering offshore renewables, new energies and cleaner offshore & marine solutions, Seatrium is committed to delivering high standards of safety, quality and performance to its customers which include major energy companies, vessel owners and operators, shipping companies, and cruise and ferry operators.
Seatrium operates shipyards, engineering & technology centres and facilities in Singapore, Brazil, China, India, Indonesia, Japan, Malaysia, the Philippines, Norway, the United Arab Emirates, the United Kingdom and the United States.
Discover more at www.seatrium.com.
For more information, please contact:
M1
Caitlin Fua
Head, Corporate Communication
[email protected]
+65 9479 0125
Crystal Chan
Asst Manager, Corporate Communications
[email protected]
+65 9327 3630
Seatrium
Ms Judy Tan
Head, Investor Relations & Corporate Communications
Tel No: +65 68030254
Email: [email protected]
Ms Clarissa Ho
Senior Manager, Investor Relations & Corporate Communications
Tel No: +65 68030276
Email: [email protected]
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In brief
Seatrium Limited and M1 have signed a memorandum of understanding to examine how 5G connectivity and related enterprise services could support Seatrium’s yard operations in Singapore. The companies say the work may cover applications such as video analytics, artificial intelligence, digital twins and Internet of Things capabilities. The agreement builds on a 2022 collaboration that brought 5G to a pilot yard and introduced augmented- and virtual-reality smart glasses. The companies may also explore services involving surveillance and cybersecurity. Seatrium CEO Chris Ong said the collaboration supports the company’s digital strategy and workforce development, while M1 CEO Manjot Singh Mann said it aligns with M1’s effort to provide technology solutions for businesses. The release does not specify a deployment timeline or financial terms.
Key takeaways
- Seatrium and M1 signed an MoU to explore 5G-enabled digital connectivity for Seatrium’s yard operations.
- Potential applications include video analytics, AI, digital twins and IoT capabilities.
- The collaboration builds on a 2022 pilot-yard partnership involving 5G and AR/VR smart glasses.
- The companies may also consider enterprise services such as surveillance and cybersecurity.
