Teekay Marine Services Signs Contract with Singapore Shipyard

Sembawang Shipyard of Singapore, a wholly-owned subsidiary of Sembcorp Marine, has signed a long-term alliance contract with Teekay Marine Services of Vancouver to provide ship-repair, refurbishment, upgrading and related marine services for its fleet of 137 ships. Teekay Marine Services is a subsidiary of Teekay Corporation, which serves the world’s oil and gas companies. Sembawang Shipyard is an integrated ship repair facility.