shared vision for one keppelkeppelite i february 2016 sustaining growth 5 n-kom delivers first...

Shared Vision for One Keppel

MCI (P) 133/02/2015

FEBRUARY 2016www.kepcorp.com/ekeppelite

Consolidating asset

management 4

First liftboat

in Qatar 5

New hub for

engineers 27

Keppelite I February 2016

9 12

Contents

CO REG NO: 196800351N

Cover image: Keppel Corporation CEO Mr Loh Chin Hua addressed almost 3,000 Keppelites gathered in over 70 locations at the Global Keppelites Forum on 28 January 2016, and provided an update on Keppel’s progress towards Vision 2020, the Group’s holistic development roadmap.

Published for people in the Keppel Group by the Group Corporate Communications Division, Keppel Corporation Limited, 1 HarbourFront Ave, #18-01 Keppel Bay Tower, Singapore 098632. Printed by Image Printers Pte Ltd, Blk 1002, Redhill Industrial Estate, Jalan Bukit Merah, #03-12, Singapore 159456.

Editorial AdvisorHo Tong Yen

EditorBrian Higgs

Editorial CommitteeAng Lai Lee, Candice Low, Carol Huang, Cheryl Goh, Chew Chong Peng, Chua Sian Howe, Donald Sng, Eileen Tan, Elizabeth Widjaja, Frances Teh, Gabriela Hott Soares, Grace Chia, Guo Xiao Rong, Hayley Teo, Hoo Yao Lin, Ivana Chua, Jayne Yeo, Kevin Ho, Lee Wan Jun, Marianne Goh, Mia Liu, Priscilla Chong, Razali Maulod, Ricky Ling, Roy Tan, Say Huan Yuan, Serena Toh, Song Jia Jia, Sue Ann Huang, Tang Yi Bing, Teri Liew, Tracy Pham, Woon Pek Yong, Yolanda Guo

SUSTAINING GROWTHKeppel to consolidate and grow 4asset management business

N-KOM delivers first liftboat in Qatar 5

Breaking new ground 6

Industry kudos

Successful re-delivery 7

Fostering industry collaboration

Strengthening China strategy 8

Brazil showcase 9

Braving the headwinds 10

Celebrating Sino-Singapore ties 11

Low carbon achievement

Zeroing in on safety 12

Cyber security boost 14

Taking up the baton

Keeping agile for the future 15 SPECIAL FOCUSHarnessing strengths 16

Collaborative innovation 20

Marina of choice

Insightful sharing 21

Prepping for crises

Spurring InnovationsInnovative ice-class designs 22

EMPOWERING LIVESUshering in the Year of the Monkey 23

Forging closer partnerships 25

Keppelites Around the WorldGrowing beyond Singapore shores 26

NURTURING COMMUNITIESNew hub for engineers 27

Spurring sporting excellence 28

Spreading cheer 29

Lending a helping hand 30

Merry gathering

Keppel VolunteersRinging in spring 31

BACK PAGEKeppel and BG Group to jointly supply 32LNG bunker

31

Keppelite I February 2016Keppelite I February 2016

EditorialEngage for success

An engaged workforce feels empowered

and aligned with the organisation’s values, and

understands how the role of each individual

contributes towards the company’s vision and

mission. Correspondingly, a company with

an engaged workforce can gain a significant

competitive advantage. According to a recent

study by Deloitte on human capital trends, raising

the level of employee engagement is one of the

top challenges that many companies around the

world face.

Keppel considers people as its greatest asset. We

focus on developing and engaging our people and

creating a work culture where all employees can

grow and reach their full potential.

Keppel’s leaders make it a point to regularly engage

Keppelites, explain to them the company’s strategy

and involve them in writing the next chapter of

the Keppel story.

The second annual Global Keppelites Forum

held on 28 January 2016 was a key Group-wide

platform, where CEO of Keppel Corporation

Mr Loh Chin Hua shared with Keppelites the

Group’s performance, its key strategies and the

expectations that the management has of every

Keppelite (see story on pages 16 to 19).

The forum brought together almost 3,000 staff

in over 70 locations around the world, who

participated either on-site or virtually through an

interactive webcast. Mr Loh reiterated Keppel’s

unique strengths as a multi-business conglomerate

and how Keppelites could respond with agility to

the challenges facing the company.

To encourage open and transparent communication,

the Group’s leadership team candidly fielded

questions from Keppelites through a live webcast.

The encouraging participation rate and candour

exhibited by both management and staff reflect

the willingness of both parties to engage in fruitful,

open communication.

Besides the Global Keppelites Forum, Keppel

organises regular innovation conventions to

reward ideas from the ground and promote a

culture of empowerment. Members of Keppel

Young Leaders, a group comprising high-potential

young employees, are given opportunities to work

on high-impact, cross-business unit assignments

under the mentorship of senior management.

Keppelites are also invited to participate in regular

employee engagement surveys, whose results

are studied closely by senior management to

understand employee sentiments.

As Keppel continues to institutionalise programmes

to drive engagement and empowerment,

Keppelites should share their views and suggestions

constructively, taking into account both the

aspirations of individual staff and the needs of

the company.

Through such efforts, we will forge a collaborative

environment that inspires a high level of

engagement and performance.

4 Sustaining Growth


4 Sustaining Growth

Keppel to consolidate and grow asset management businessOn 25 January 2016, Keppel Corporation announced a significant restructuring exercise to consol idate i t s i n te re s t s i n A lpha Investment Partners, the trustee-manager of Keppel Infrastructure Trust, and the managers of Keppel DC REIT and Keppel REIT under Keppel Capital Holdings (Keppel Capital).

Mr Loh Chin Hua, CEO of Keppel Corporation, said, “Creating and developing high-quality real estate and infrastructure assets as well as stabilising and monetising them to generate strong cash flow and recurring income are integral parts of Keppel’s business model.

“Keppel’s asset management businesses currently manage $26 b i l l ion of qua l i t y assets and contr ibuted $60 million of profits in 2015. The consolidation under Keppel Capital is part of our continuing plan to grow our assets under management and expand our capital platform for co-investing.”

The proposed consolidation wil l benefit the Keppel Group by strengthening the Group’s capital recycling platform and abi l i ty to make prudent and timely i n v e s t m e n t s w i t h a n

expanded capital base and without relying solely on its balance sheet.

I t w i l l a l s o i m p r o v e the performance of the Subsidiaries and the funds, REITs and business trusts that they manage through centralising certain non-regulated support functions and c rea t ing a l a rge r platform which will enhance recruitment and retention of talent, and sharing of best practices.

This will improve the returns to the Keppel Group, and to other investors and unitholders, from their investments in the funds and unitholdings in the REITs and business trust.

The proposed consolidation will also improve the Group’s stable, recurring income

from management fees. Keppel Corporation intends to consolidate its interests in these Subsidiaries and report them under a new consol idated report ing segment as part of i ts investments arm.

Ms Christina Tan, presently MD of A lpha , w i l l be appointed CEO-designate of Keppel Capital. Ms Tan possesses over 20 years of experience in investing and fund management spanning the US, Europe and Asia, and has been with Alpha since its inception in 2003. Under her leadership, Alpha has grown its assets under management to over $12 billion today.

The proposed consolidation is subject to board approval and (if required) shareholder and/or unitholder approval

of the relevant Keppel Group entities, as well as approval from the Monetary Authority of Singapore (MAS) and other relevant regulatory approvals.

Subject to obtaining the relevant approvals, Keppel C o r p o r a t i o n a i m s t o complete the proposed consolidation by 2H 2016.

After the completion of the proposed consolidation, Keppel Corporation may consider increasing its scope to include regulated activities relating to investments and asset management. This increase in scope would be undertaken after obtaining the necessary licences and approvals from MAS. keppelite

(From L-R) Mr Chan Hon Chew, CFO, Keppel Corporation; Mr Loh Chin Hua, CEO, Keppel Corporation; and Ms Christina Tan, MD of Alpha Investment Partners and CEO-designate of Keppel Capital, announcing the proposed consolidation of Keppel’s asset management businesses under Keppel Capital


Sustaining Growth 5

N-KOM delivers first liftboat in QatarNakilat-Keppel Offshore & Marine (N-KOM), the joint venture shipyard between Qatar’s Nakilat and Keppel Offshore & Marine (Keppel O&M), successfully delivered on 12 January 2016 its first liftboat unit, Al Safliya, to Qatari rig operator Gulf Drilling International (GDI), subsidiary of Gulf International Services, in a safe and timely manner without any lost-time incidents.

Built to the ORCA 2500 design developed by Keppel O&M’s design arm, Bennett Offshore, Al Safliya is the

first liftboat to be wholly constructed in Qatar at the Erhama Bin Jaber Al Jalahma shipyard. The self-propelled and elevating unit is customised for operations in the Middle East and North Africa regions in water depths of up to 65 metres.

The ORCA 2500 class liftboat is equipped with four tubular legs, a unique 200-tonne leg encircling crane and a 50-tonne pedestal crane, a large open deck space of around 800 sm, a helideck, and accommodation capacity for 130 persons.

Al Safliya, the first liftboat to be wholly constructed in Qatar, is built to the ORCA 2500 design developed by Keppel O&M’s design arm, Bennett Offshore

It can undertake a wide range of services such as well servicing, commissioning, m a i n t e n a n c e a n d decommissioning of offshore platforms. The l i ftboat also allows for a specially designed gangway bridge to be used for emergency and other safety purposes.

Bennett Offshore has also developed other liftboat de s i gn s , s u ch a s t he ORCA 1500 and ORCA 3500, with varying operational a n d a c c o m m o d a t i o n capacities to suit its clients’ requirements.

Liftboats have increasingly been shown to be a more eff ic ient alternat ive to traditional non-self-propelled and self-elevating units. Its ability to mobilise without the assistance of support vessels makes it versatile and cost-effective.

By customising liftboats with different tonnage cranes on deck, they can undertake the maintenance of most shallow water oil and gas fields and wind farms, as well as various workover drilling operations and well intervention applications. keppelite

6 Sustaining Growth


Keppel Offshore & Marine (Keppel O&M) was conferred the 2015 APAC Company of the Year Award (Offshore & Marine Services) at the Asia-Pacific Oil & Gas Awards Dinner on 27 January 2016.

Organised by the Oil and Gas Council, the annual event is one of the most prestigious oil and gas industry events in Asia, and organised as part of the 2016 Asia-Pacific Oil & Gas Assembly.

Mr Chow Yew Yuen, CEO of Keppel O&M, said, “We are very honoured to receive this award. I would like to

thank the organisers and judges for recognising our performance over the past year. Despite a challenging 2015, we still managed to deliver seven jackups and seven non-drilling vessels. It is only with the support and understanding of our valued customers that we can all emerge stronger.”

The recipients were selected by a committee comprising high-level representatives of banking, consulting, legal and oilfield services, as well as top oil and gas executives and investors. keppeliteBreaking new

groundK e p p e l D a t a C e n t re s Holding Pte Ltd (KDCH), a joint venture between Keppel Telecommunications & Transportation (Keppel T&T) and Keppel Land, broke ground on Keppel Datahub 3, its fourth data centre in Singapore on 15 February 2016.

Situated in close proximity to two other data centres operated by KDCH, Keppel Datahub 1 and Keppel Datahub 2, Keppel Datahub 3 will be developed to Tier 3,

carrier-neutral specifications with robust security systems.

Construction of Keppel Datahub 3 will be undertaken in three phases, with phase 1 core and shell construction and fit-out of the facility expected to be completed in 2016. Once completed, it will feature approximately 183,000 sf of gross floor area, making it Keppel’s second largest data centre in Singapore after Keppel Digihub. keppelite

(From L-R) Mr Tan Swee Yiow, President (Singapore) of Keppel Land; Mr Chan Hon Chew, CFO of Keppel Corporation and Chairman of Keppel DC REIT; Mr Loh Chin Hua, CEO of Keppel Corporation and Chairman of Keppel T&T; Mr Thomas Pang, CEO of Keppel T&T; and Mr Wong Wai Meng, CEO of Keppel Data Centres, breaking ground on Keppel’s fourth data centre in Singapore

Industry kudos

Mr Chow Yew Yuen (left), CEO of Keppel O&M, received the 2015 APAC Offshore & Marine Company of the Year Award from Mr Paul Young (right), MD and Head of Natural Resources at Aon


Sustaining Growth 7

Successful re-delivery

Keppel FELS celebrated the re-delivery of the Hakuryu-5 semisubmersible drilling rig to Japan Drilling Co. (JDC) on 2 February 2016.

M r To s h i k i A b e , G M (Technical Maintenance) of JDC, shared, “Despite the tight timeline, our close partnership with Keppel FELS enabled us to overcome the

obstacles we faced from the procurement stage to production for a safe and successful delivery.”

To ensure smooth operations in co ld env i ronments , Hakuryu-5 arrived at the yard on 23 November 2015 for winterisation works.

The major scope of work

included the installation of heat tracing and boiler systems, as well as space heating systems in various components.

A long-time partner of JDC, Keppel FELS has collaborated with JDC on other repair p r o j e c t s , i n c l u d i n g Hakuryu-10, Hakuryu-11 and NAGA 1.

Apart f rom repair and maintenance pro jec t s , Keppel FELS is also building a KFELS Super B Class jackup rig, Hakuryu 15, for BOT Lease Co. Scheduled for completion at end-2016, the rig will be operated by JDC, making it the second KFELS Super B Class jackup rig in JDC’s fleet. keppelite

Project management teams from Keppel FELS and Japan Drilling Co. celebrated yet another win-win partnership during the re-delivery signing of Hakuryu-5

Fostering industry collaborationKeppel Offshore & Marine (Keppel O&M) hosted a delegation from the ISO Technical Committee for Offshore Structures on 20 January 2016 as part o f ongo ing e ffo r t s to foster deeper collaboration within the industry.

The delegates, consisting of over 40 researchers

from international and nat ional oi l companies such as ExxonMobil, Royal Dutch Shell and BP, were hosted by Mr Aziz Merchant, ED of Keppel Offshore & Marine Technology Centre (KOMtech), and Dr Foo Kok Seng, ED (Shallow Water Technology) of KOMtech.

The delegates were given

a presentation on Keppel O & M ’s t e c h n o l o g i c a l i n n o v a t i o n s , s u c h a s Keppel FELS’ automated panel line workshop, as wel l as laser scanning for repair projects and newbuild rigs.

Following a robust discussion o n p r o d u c t i o n a n d engineering automation,

the delegates toured the yard to better understand operations within the facility. keppelite

8 Sustaining Growth


Strengthening China strategyTo deepen understanding o f C h i n a ’s c h a n g i n g landscape , s t rengthen t h e G r o u p ’s C h i n a strategy and explore new opportunities, a workshop on China was held on 12 February 2016.

Over 50 senior management and key China business unit representatives gathered a t Keppe l Leade r sh ip Institute to discuss China’s macroeconomic landscape and emerging trends. While China’s economy has slowed down, there are still many bright spots which the Group can leverage.

Welcoming the participants, Keppel Corporation CEO Mr Loh Chin Hua reiterated the importance of China as a key market for the Group and encouraged business units to explore how they could work together to seek new business opportunities by providing solutions that meet China’s needs.

Recognising that China is developing very rapidly, Mr Loh urged participants to view China through evolving lenses. Beyond the Group’s tradit ional business activities, China can increasingly also be

a source of innovation, funding or investment.

Keppel Corporation’s Group Strategy & Development team, together with various business units, shared on key trends and opportunities for growth in China. The business unit representatives also presented on current operations, their experiences doing business in China, and long-term strategies, i n c l ud ing ad j a cenc i e s opportunities.

Contributing insight as a guest panelist was Mr Tay Choon Chong, Managing

Director of Vertex Venture, w h o j o i n e d K e p p e l ’s senior management on a panel to discuss China’s consumption, innovations and opportunities arising from China’s ‘One Belt, One Road’ strategy.

Through robust discussions, attendees deepened their unde r s tand ing o f the operat ions of Keppel ’s various businesses in China, and discussed plans to foster collaboration and build a wider and stronger Keppel network in China.

Dur ing the workshop, Mr Wong Wai Meng, CEO of Keppel Data Centres, who recently joined the Group in January 2016, said that he was impressed by Keppel’s array of businesses in China and the Group’s diverse set of strengths and capabilities. “The workshop helped me to better understand how we can ‘hunt as a pack’ not only to add value, but also to create new business opportunities in the Chinese market.”

Keppel is one of the earliest Singapore companies to enter the Chinese market, starting with its first foray in Shekou, Guangdong, in 1984, when FELS, now renamed Keppel FELS, led a Singapore consortium in a joint venture to support an offshore oil exploration in the South China Sea. keppelite

Besides operations in 25 Chinese cities, Keppel leads the Singapore consortium in Sino-Singapore Tianjin Eco-City and China-Singapore Suzhou Industrial Park


Sustaining Growth 9

Brazil showcaseA d e l e g a t i o n l e d b y Singapore’s Deputy Prime Minister & Coordinating Minister for National Security Mr Teo Chee Hean visited Keppel FELS Brasil’s BrasFELS shipyard on 31 January 2016 to learn more about Keppel’s operations in Brazil.

Mr Kwok Kai Choong, CEO & President of Keppel FELS Brasil, Mr Marlin Khiew, President of BrasFELS, and Mr Tay Lim Heng, Director of Group Risk Management, Keppel Corporation, hosted the de legat ion, which included Ms Chin Siew Fei, Chargé d’Affaires, Embassy of Singapore in Brasilia, and Ms Valerina Soo, Regional Director (South America) of International Enterprise Singapore.

The delegat ion toured the yard, meeting both Brazilian and Singaporean employees. They were also given a presentation on Keppel’s milestone projects for Brazil’s offshore and marine industry as well as its people development and community initiatives.

To commemora te the occasion, Mr Teo planted a Pau-Brasil tree within the shipyard’s grounds. Symbolic of Brazil’s abundant natural resources, Pau-Brasil is the tree from which Brazil derives its name. keppelite

During his visit to BrasFELS, Singapore’s Deputy Prime Minister & Coordinating Minister for National Security Mr Teo Chee Hean (centre) planted a Pau-Brasil tree together with Mr Kwok Kai Choong (left), CEO & President of Keppel FELS Brasil, Mr Marlin Khiew (right), President of BrasFELS, and the daughter of a Keppel employee

Thank you very much for your hospitality, especially on a Sunday, and for showing me the great work that the team here is doing.

The test of a company and its people comes when there are challenges to be faced and overcome.

With the “Can Do” Keppel spirit, I am confident that BrasFELS will continue to grow from strength to strength and contribute to the relations between the Brazilian people and Singapore.

Best wishes,Teo Chee HeanSingapore’s Deputy Prime Minister31 January 2016

DPM Teo’s handwritten note in the BrasFELS guestbook

10 Sustaining Growth


Braving the headwinds

With the headwinds facing the offshore and marine industry, the management team from across Keppel Offshore & Marine’s (Keppel O&M) yards and offices worldwide had much to discuss as they gathered in Singapore for their biannual strategy meeting.

Held on 4 and 5 February 2 0 1 6 , t h e m e e t i n g was a platform for top executives to update on market condit ions and g ro w t h o p p o r t u n i t i e s across different regions,

share strategies, initiatives and r i sk management, a s we l l a s to exp lo re opportunities to collaborate.

Mr Loh Chin Hua, Chairman of Keppel O&M and CEO of Keppel Corporation, opened the meeting by highlighting the resilience and Can Do! spirit of the yards, as well as their prudence in pursuing quality projects underpinned by strong execution and productivity. He emphasised t h e n e e d t o h a r n e s s collective strengths not just within Keppel O&M but

The management team from across Keppel Offshore & Marine gathered at the biannual strategy meeting to discuss how the company will continue to forge ahead

across the Keppel Group’s other business units.

Mr Chow Yew Yuen, CEO of Keppel O&M, reiterated that despite all the challenges brought on by low oil prices and numerous shipyards worldwide reporting heavy losses, Keppel O&M remains one of the industry’s top performers.

An example of Keppel O&M seizing opportunities to grow its capabil it ies during the downturn is its ongoing acquisition of the

LETOURNEAU™ offshore rigs business, noted Mr Chow, adding that the company would also explore leveraging i ts offshore expertise to provide solutions for other markets.

Taking on this challenge during the meeting was a team from Keppel O&M’s technology outfit in Houston, Texas, who presented on ways to leverage synergies to develop new solutions in areas such as the gas value chain, offshore wind and subsea technologies. keppelite


Sustaining Growth 11

Dr Lee Boon Yang (left), Chairman of Keppel Corporation, and H.E. Chen Xiaodong (right), Ambassador of China to Singapore, jointly ushered in the Year of the Monkey

Celebrating Sino-Singapore tiesDr Lee Boon Yang, Chairman of Keppel Corporation, and H.E. Chen Xiaodong, Ambassador of China to Singapore, ushered in the Year of the Monkey with a traditional toss of Yusheng (raw fish salad) at a gala dinner held on 26 January 2016.

Organised by the Embassy of the People’s Republic of China in Singapore, the event was attended by about 500 guests from the government,

military, business, education and technology sectors. 2016 marks the 26th year of China-Singapore diplomatic relations.

Keppel Corporation was conferred the Business China Enterprise Award at the Bus iness China Aw a rd s 2 0 1 5 f o r i t s significant contributions to s t reng then ing Ch ina -Singapore relations and growing businesses in the Chinese market. keppelite

Low carbon achievement The Low Carbon Living Lab (LCLL) in the Sino-Singapore Tianjin Eco-City has received the China Green Building Operation Label 3-Star Award from China’s Ministry of Housing and Urban-Rural Development.

The LCLL is the first to garner this award in China based on the new edition of the China Green Building Rating System (CGBRS) with effect from Jan 2015.

Since the LCLL began operating in 2013, the Sino-Singapore T ianjin Eco-City Investment and Development Co. Ltd, the deve loper of the LCLL, has established a professional green facilities management team and

Located in the Sino-Singapore Tianjin Eco-City, the Low Carbon Living Lab has received the China Green Building Operation Label 3-Star Award from China’s Ministry of Housing and Urban-Rural Development

formulated green building operation guidelines to ensure smooth and energy-efficient operations.

The LCLL consumes 38% less energy compared to similar buildings, reaping annual savings of 700,000 kWh of electricity, which is equivalent to saving over 200 tonnes of coal and more than 600 tonnes of carbon dioxide emissions.

Previously, the LCLL was conferred the China Green Building Design Label 3-Star Award. It is also the first building in a temperate zone and in China to be awarded the Green Mark Platinum Award by the Building & Construction Authority of Singapore. keppelite



Zeroing in on safetyTo constantly reinforce the importance of a strong safety culture, Keppel supports national initiatives and efforts to encourage stakeholders to have a strong safety mindset.

BIZSAFE PARTNERKeppe l RE I T P rope r t y Management, a wholly-owned subsidiary of Keppel Land, was conferred the bizSAFE Partner Award at the 8th annual bizSAFE Convention held at Singapore Expo on 17 February 2016.

The Group was a co-sponsor of the bizSAFE Convention 2016, which is organised by Singapore’s Workplace Safety & Health Council and Ministry of Manpower to recognise companies for championing workplace safety and health.

FIRST BSC MEETING The Keppel Infrastructure (KI) Board Safety Committee (BSC) held its inaugural meeting on 6 January 2016 at Keppel Merlimau Cogen (KMC) Plant.

Formed in late 2015, the BSC is chaired by Mr Khoo Chin Hean, KI Board Director. Dr Ong Tiong Guan, CEO of KI, and Mr Chow Yew Yuen, CEO of Keppel Offshore & Marine, are committee members, while Ms Cindy Lim, ED ( Infrastructure Serv ices ) of K I , i s the secretary.

Members of the Keppel Infrastructure Board Safety Committee, together with Keppel Merlimau Cogen Plant management, surveyed the plant premises during the committee’s inaugural meeting

Mr Peck Peng Soon (right), Deputy GM, Keppel REIT Property Management, accepted the bizSAFE Partner Award on behalf of the company from Mr Heng Chiang Gnee (left), Deputy Chairman of the Workplace Safety & Health Council



At the meeting, the BSC was presented with an overview of K I ’s Hea l th , Safety and Environment (HSE) performance in 2015, the KI HSE Work Plan, initiatives p lanned for 2016 and the ongoing ‘Behavioural Management of Safety’ programme.

After the meeting, KMC Power Station Manager Mr Miguel Benito Dols conducted a KMC Plant operations presentation. The BSC then walked the

grounds of KMC to better understand its operations and challenges.

Mr Khoo shared, “While staff of KMC can be proud of their eight-year lost-time incident-free safety record, they have to avoid falling into complacency. This is indeed a key risk. What had always worked well before can fail. It is a reminder that we have to always look and relook at safety issues and take no th ing fo r granted.”

DOHA MILESTONEThe Domestic Solid Waste M a n a g e m e n t C e n t r e (DSWMC) in Doha, Qatar, recently marked two million man-hours worked without any lost-time incidents. The DSWMC is operated by Keppel Seghers, a subsidiary of KI.

“Guided by our Keppel core values, we are committed to ensuring that we work safely at all times. We routinely practise our KI Safety Golden Rules in our daily work

activities,” shared Mr Oon Ee Heng, GM (Operations & Maintenance) of the DSWMC.

To mark the achievement, the DSWMC management a n d H S E d e p a r t m e n t organised a get together on 4 February 2016 with e m p l o y e e s , i n c l u d i n g Keppelites from Doha North Sewage Treatment Works and contractors.

HSE PARTNERSHIPKeppel Shipyard’s successful conversion of the Floating P roduc t ion S to rage & Offloading vessel, Turritella, with a solid safety record, was ach ieved through col laborative efforts in HSE with Shell and other stakeholders.

Building on that partnership, She l l has cont r ibu ted U S $ 5 0 , 0 0 0 t o w a r d s Keppel Shipyard’s Hearing Conservation Programme. The ongoing programme underwent a revamp in mid-2015 to include additional initiatives to promote greater awareness in hearing health and to enhance hearing protection in the workplace.

To express its appreciation for Shell’s steadfast support as a HSE partner, Keppel Shipyard management presented Mr Eric Gilmore, Construction Manager, Shel l , with a commemorative plaque on 27 January 2016. keppelite

Mr Albert Kee (second from right), ED of Operations, Keppel Shipyard, presenting a plaque to Mr Eric Gilmore (third from left), Construction Manager, Shell, in appreciation of Shell’s contributions toward the shipyard’s Hearing Conservation Programme

Members of the Domestic Solid Waste Management Centre’s Company Emergency Response Team demonstrating how to effectively use Self-Contained Breathing Apparatus during a celebration to mark two million man-hours worked without any lost-time incidents



Cyber security boostAs large-scale cyber security breaches become more prevalent, Keppel is taking a proactive approach to mitigate the risk of cyber threats with the launch of the Keppel Group’s IT Secur i ty Operat ions Centre ( IT-SOC). The IT S O C w i l l e n a b l e t h e Group to strengthen its monitoring and incident response capabilit ies to cyber attacks.

The opening of IT-SOC was officiated by Dr Lee Boon Yang, Chairman of Keppel Corporation, on 25 January 2016. Also present were Keppel Corporation’s independent d i rec tor s M r s O o n K u m L o o n , Mr Danny Teoh, Mr Tan Puay Chiang and Ms Veronica Eng, as wel l as senior management including CEO Mr Loh Chin Hua and CFO Mr Chan Hon Chew.

At the launch, Mr Jacob Tong, GM of Group Information Systems, Keppel Corporation, and his cyber security team presented an overview of the IT-SOC’s capabilities.

“The increased frequency and sophistication of cyber attacks in the world makes cyber security a top concern for senior management. A cyber a t tack on an organisation is not only a

technology issue; it also th rea tens ope ra t i ons , intellectual property, business continuity and reputation.

Given the Keppel Group’s global span, the IT-SOC will act as the Group’s nerve centre so that we can better protect, detect, respond and recover from incidents 24 hours a day, 365 days a year,” Mr Tong said. keppelite

Dr Lee Boon Yang, Chairman of Keppel Corporation (fourth from the right), and other directors and senior management of the Group saw first-hand how Keppel Group has bolstered its defence against cyber threats with the IT Security Operations Centre

Taking up the batonF rom 1 Ma rch 2016 , Mr Ben Lee, GM (Operations), Keppel Land China, will succeed Mr Ho Cheok Kong as President of the company.

Since joining Keppel Land in 2007, Mr Lee has helmed both business and functional units in China. His previous roles include Shanghai City Head and Head of Business Development at Keppel Land China.

Mr Ho will be appointed as Director, Special Projects, Keppel Land on 1 March 2016. In his new role, Mr Ho will advise on certain special projects and pursue ce r ta in new s t ra teg i c i n i t i a t i v e s fo r Keppe l Land, leveraging his extensive and diverse experience in the property business.

Since re-joining Keppel Land in 2007 as GM, South

China, then moving up to be the first President for Keppel Land China upon i ts formation in 2010, Mr Ho has played a crucial role in growing Keppel Land’s China business, which has contr ibuted s ignif icant ly to Keppel Land’s profits in recent years. keppelite

Mr Ben Lee



Mr Choo Chiau Beng (left), former CEO of Keppel Corporation, answered various questions during the dialogue session of the 30th Chua Chor Teck Memorial Lecture, which was chaired by Mr Lim Boon Heng (right), Chairman of Temasek Holdings

Keeping agile for the future“To remain competitive, we must be able to adjust and adapt well in the changing env i ronmen t we f i nd ourselves in.”

This was the key piece of advice that guest speaker Mr Choo Chiau Beng, former CEO of Keppel Corporation, shared at the 30th Chua Chor Teck Memorial Lecture held on 17 February 2016 at Singapore Polytechnic.

Jointly organised by Keppel Offshore & Marine (Keppel O&M), the Society of Naval Archi tects and Mar ine Engineers, Singapore and the Singapore Maritime Academy, the lecture was themed “Singapore’s Marine and Offshore Industry – What the past 45 years can teach us about the future”. In the audience were about 370 professionals, students and retirees.

Emphasising that agility and innovation are key to triumphing over current challenges in the cyclical offshore and marine industry, Mr Choo stressed how Keppel has constantly adapted to changes – whether building its first speculative rig in 1987 or entering the property business.

The lecture was followed by a robust dialogue session moderated by Mr Lim Boon Heng, Chairman of Temasek

Holdings, who recounted the period of volatility in the 1980s and how local

Reuniting over tea Senior management from Keppel and over 60 Keppel O&M alumni mingled over tea prior to the start of the 30th Chua Chor Teck Memorial Lecture.

companies emerged stronger to become sought-after industry partners.

Before the lecture, Mr Michael Chia, MD (Marine) of Keppel Shipyard and Chairman of the Chua Chor Teck Memorial Fund (CCTMF) presented a scholarship certificate to an outstanding recipient of the CCTMF-MaritimeONE Scholarship.

K e p p e l C o r p o r a t i o n suppo r t s t he CCTMF, which was established in 1986 in honour of the late Mr Chua, a former MD of the Keppel Group and a pioneer of S ingapore ’s mar ine industry. The fund provides scholarship opportunities to polytechnic and university students who aspire to join the industry. keppelite

Chatting with guests at the alumni event were Mr Chow Yew Yuen (extreme left), CEO of Keppel O&M; Mr Lim Boon Heng (fourth from left), Chairman of Temasek Holdings; and Mr Choo Chiau Beng (fourth from right), former CEO of Keppel Corporation


16 Special Focus

Harnessing strengthsAt the Global Keppelites Forum 2016, the annual Group-wide townhall, Keppel Corporation CEO Mr Loh Chin Hua shared the Group’s progress on its journey towards Vision 2020.

On 28 January 2016 , almost 3,000 Keppelites gathered in over 70 locations worldwide for the second annual Group-wide virtual townhall meeting, the Global Keppelites Forum.

At the event , Mr Loh Chin Hua, CEO of Keppel Corporation, shared on the Group’s progress on its journey towards Vision 2020, the Group’s holistic development roadmap to become one of the top wel l - run, best - in-c lass conglomerates worldwide by 2020. Vision 2020 was

At the Global Keppelites Forum, Mr Loh Chin Hua, CEO of Keppel Corporation, provided an update on Keppel’s progress towards Vision 2020, the Group’s holistic development roadmap towards the year 2020

The forum provided a timely update on the direction that Keppel is taking, especially when we are facing a period of increasing uncertainty across the different industries we operate in. It was a good way of rallying us to stay focused and work collectively to navigate the current headwinds as one Keppel.Mr Raymond KohAssistant Manager, Business Development (Indonesia)Keppel Land

first unveiled at the inaugural forum in 2015.

Keppel has taken significant steps towards Vision 2020 through measures such as the privatisation of Keppel Land,

which aligned the interests of the Property Division with the Group, the proposed consolidation of Keppel’s subsidiaries in business trust, real estate investment trust and fund management businesses

to grow the contribution from its Investment Division, and other steps taken to put in place more robust processes in the company and strengthen leadership renewal and succession planning.

17


17 17

we faced at home and abroad, Keppel performed creditably in 2015. Our per formance las t year reflects our strengths as a conglomerate. The results would have been much weaker if we had depended on any single business,” he said.

Mr Loh a lso reassured Keppe l i t e s abou t the company ’s fu ture and encouraged them to continue to work hard, innovate and to face challenges with Keppel’s trademark Can Do! spirit.

“With all the negative news today it is inevitable that some of us have concerns about the company’s future. We need to remember that Keppel has many strengths. We have a very strong team of leaders in place, and this downturn also provides an opportunity for the new and younger leaders to be tested.

“We need to collaborate as ‘One Keppel’. Not just to tackle the challenges ahead of us but to come together as a Group to execute well, think out of the box and be prepared for the future,” Mr Loh said.

Mr Loh a l so used the occasion to unveil a set of new icons to represent Keppel’s seven Operating Principles, to better illustrate the guiding principles by which the Group operates.

© 2015 Sedgwick Richardson

Pantone Code:Pantone 186 C100%70%

Pantone 8401 C100%70%50%

CMYK Breakdown:10C 100M 100Y65% Black

The new icons for Keppel’s Operating Principles were unveiled at the Global Keppelites Forum 2016

With his address being broadcast l ive from the Keppel Leadership Institute in Singapore, Mr Loh provided insights on the performance

and achievements of the var ious business units, reiterat ing the Group’s commitment to its multi-business strategy.

“In the past year, we have been buffeted by numerous headwinds, such as volatility in financial markets. Despite the many challenges that

Continues on page 18...

The new icons to represent the operating principles come at an apt time. While the global economy is a fickle beast, the principles for a strong and sustainable multinational business enterprise remain unchanged. If we stand firm on these principles, I am confident that our ship will be able to weather any storm.Mr Kelvin HowManagement TraineeKeppel Telecommunications and Transportation


18 Special Focus

ONE KEPPEL, GLOBALLYDuring the question and answer segment, Mr Loh, Mr Chan Hon Chew, CFO of Keppel Corporation, and the business unit heads gamely fielded queries from Keppelites around the world.

Over 120 questions came fast and furious courtesy of the live web portal Pigeonhole,

with more than 3,360 votes cast for questions.

Keppelites appreciated the interactivity. “In a global corporation like Keppel, the forum is an important avenue for management to constantly engage employees so they have a better picture of what is happening among the various subsidiaries

Keppelites from all over the world, such as those at BrasFELS in Brazil, tuned in to the Global Keppelites Forum via webcast

within the Group and to al ign expectat ions and aspirations,” shared Ching Youyi, Manager, Business Development (Research & Ana lys i s ) a t Keppe l Singmarine.

For Rafael Portela Cassorielo, Engineer in the Yard Planning Department of BrasFELS in Brazil, the forum gave him

a broader perspective of Keppel’s Brazil operations in the context of the Group’s multi-business strategy.

“This has inspired me to work even harder and aim even higher, as well as to find innovative solutions to optimise our internal processes, reduce costs and emerge stronger,” he said.

Keppelites at Keppel Leadership Institute took the opportunity to mingle with colleages from across the Group’s business units

Keppelites posed candid questions through Pigeonhole, an online portal

...continued from page 17.

19


19 19

CANDID EXCHANGE Keppelite shares some of the highlights from the question and answer session, which was moderated by Ms Wang Look Fung, Consultant to Keppel Corporation.

On career prospects for mid and junior staff LCH: Wherever possible, we want to groom internally. We have to ensure that we have the best person for the job. If you look at the team here, a significant number of us have been with Keppel for a long time. But bringing in people from outside also brings a fresh perspective. The key for us is to create more opportunities for the people inside at the junior or middle level to grow. There are plenty of opportunities for all.

CHC: If I look at this group, I am surrounded by leaders who are giants in their own right. They are well-respected by their peers and well-

regarded by their industries. I think this is a testament to the Group’s ability to develop and groom talent within the organisation. The leadership team continues to spend a lot of time and resources on succession planning. It is an exciting time for young employees in the Group.

I th ink the Group wi l l continue to do well in its ability to retain talent.

On work-life balanceCYY: I’ve been in this industry for the last 37 years, 35 of which have been with Keppel. What is important is that you must enjoy what you do. When you have the passion for what you do, you will get satisfaction from it. At the end of the day, that is how you find your own work-life balance.

I have a principle: for anyone who applies for leave, I will approve regardless. Because I believe that if you apply

for leave, you have a reason to do so. It is about the individual. If you engage with your work and have the passion for it, that is the most important thing.

On preventing groupthinkLCH: I don’t see groupthink. I have been in meetings where there are very robust d i s cus s ions and huge disagreements, where chairs have actually been kicked. But once the discussion has taken place and the decision is made, everyone closes ranks and moves on as one. That has been the Keppel way and should continue to be so.

AWG: When I conduct discussions, I ask ‘What do you think is the solution?’ I will put out an idea and encourage my staff to discuss. We want to cultivate an atmosphere where staff do not feel compelled to just say yes.

OTG: If you employ people that think alike to you, then I think over time, the organisation will be weakened. Independent views are important.

TP: When the bosses say yes to something, it does not mean that they did not first conduct discussions on the matter. Disagreement and different viewpoints have often already been taken onboard. keppelite

LCH – Mr Loh Chin Hua,

CEO, Keppel Corporation

CHC – Mr Chan Hon Chew,

CFO, Keppel Corporation

CYY – Mr Chow Yew Yuen,

CEO, Keppel Offshore & Marine

AWG – Mr Ang Wee Gee,

CEO, Keppel Land

OTG – Dr Ong Tiong Guan,

CEO, Keppel Infrastructure

TP – Mr Thomas Pang, CEO,

Keppel Telecommunications &

Transportation

Keppel Corporation’s CEO, CFO and the various business unit heads took questions from the audience tuning in via webcast



Collaborative innovationThrough i t s Research , Innovation and Enterprise 2020 plan, Singapore seeks to develop and upgrade existing industries to support the continued growth and compet i t i veness of i t s economy and encourage greater involvement in Research & Development in the private sector.

The 13th Keppel Offshore & Marine (Keppel O&M) Lecture held on 25 January 2016 saw an insightful sharing by Mr Lim Chuan Poh, Chairman of Singapore’s A g e n c y f o r S c i e n c e , Technology and Research

(A*STAR), on existing and poss ible col laborat ions between public researchers and the various industries in Singapore, including offshore and marine, to increase the latter’s competitiveness and enhance long-term growth and capabilities.

The l e c tu re i s j o in t l y organised by Keppel O&M and National University of Singapore under the auspices of the Keppel Professorship, which was founded in 2002 by Keppel O&M through the establishment of an NUS Professorship in Ocean, O f f s h o re a n d M a r i n e

Technology. The lecture aims to promote greater interest in the study and research of offshore and marine

Mr Lim Chuan Poh, Chairman of A*STAR, spoke of the value of collaborative research at the 13th Keppel Offshore & Marine Lecture

Marina of choiceVisitors to Marina at Keppel Bay in January and February 2016 were greeted by the majestic sight of the ninth largest yacht in the world, S/Y Ocean Victory. Towering at seven decks tall and spanning 140m, t h e p r i v a t e l y - o w n e d superyacht is the largest and most advanced yacht ever built by an Ital ian shipyard.

This is Ocean Victory’s second visit to the marina since her maiden visit last year. She has since returned to her homeport in Russia.

technology to enhance the industry’s development of technologies, products and services. keppelite

Marina at Keppel Bay’s state-of-the-art berthing facilities can accommodate yachts up to 86m in length within its berth, whilst the berth

alongside Keppel Island Plaza can accommodate superyachts of up to 200m – the only marina in Singapore that can do so.

W i th i t s h igh se r v i ce standards, safe environment and skilled marina crew, Marina at Keppel Bay remains a port-of-call of choice. keppelite

S/Y Ocean Victory, the world’s ninth largest superyacht, was berthed at Marina at Keppel Bay in January and February 2016



Ms Ng Hsueh Ling (second from left), CEO of Keppel REIT Management, spoke at the Institute of Singapore Chartered Accountants Quarterly Economic Updates on 27 January 2016

As part of the Group’s robust risk management framework, Keppel Telecommunications & Transportation (Keppel T&T) continually equips management and employees with essential skills to face a variety of challenges.

To t h a t e n d , K e p p e l C o r p o r a t i o n ’s G r o u p Corporate Communications division organised a full-day crisis communications training for key appointment holders of Keppel Logistics, a wholly-owned subsidiary of Keppel T&T, on 11 February 2016.

The training session held at Keppel Leadership Institute compr i sed case s tudy analyses of crisis responses, after which the participants’ media-fronting skills were put to the test in mock crisis scenarios.

Participants of the training included Mr Desmond Gay, CEO of Keppel Logistics, Mr Alen Ng, Senior GM, China Business Unit at Keppel T&T, and the respective GMs of Keppel T&T’s logistics projects in China. keppelite

Insightful sharing2015 was a challenging year for the global economy, and S ingapore’s off ice market was not spared from the heat.

As CEO of Keppel REIT, one of Singapore’s leading office REITs, Ms Ng Hsueh Ling was invited to discuss challenges and opportunities facing corporates at the Institute of Singapore Chartered A c c o u n t a n t s ( I S C A ) Quarterly Economic Updates on 27 J anua r y 2016 . Also at the session were M r M a n u B h a s k a r a n , C E O o f C e n t e n n i a l A s i a A d v i s o r s , a n d Ms Suprita Vohra, CEO of Barclays Investment Bank.

Ms Ng shared that Keppel REIT will continue to focus on tenant retention and

engagement, as well as maintain a healthy and long lease expiry profile for sustainable income. On the capital management front, she explained that the Manage r wou ld continue to maintain a disciplined approach t o w a r d s m i t i g a t i n g financing, interest rates and foreign exchange risks.

S e p a r a t e l y, M s N g spoke at a CEO Talk organised by Singapore Management University’s Wee Kim Wee Centre on 18 February 2016. Addressing about 90 Lee Kong Chian School of Business undergraduates, Ms Ng shared insights on the S-REIT and office industries. keppelite

Prepping for crises

Mr Desmond Gay (second from left), CEO of Keppel Logistics, fielding questions during a mock interview exercise, which was part of a crisis communications training session



Spurring Innovations

Innovative ice-class designsFor its groundbreaking efforts in furthering ice-class vessel technology, Keppel Singmarine scored silver awards for its ice-class supply and ice-class multi-purpose duty rescue vessel designs at the annual Keppel Offshore and Marine (Keppel O&M) Innovation Competition 2015.

Contracted to build the vessels for a subsidiary of Bumi Armada, Keppel Singmarine developed the proprietary designs at a time when there were no off-the-shelf ice-class vessel designs capable of meeting operational requirements in the North Caspian Sea.

Due to low salinity and extreme temperatures, the ice-class supply and ice-class multi-purpose duty rescue vessels operating in the North Caspian Sea are required to break through open floating first-year ice of 600 to 800mm (RMRS ARC4) thick and 800 to 1,000mm (RMRS ARC5) th ick in shallow draft conditions, respectively. In addition, the vessel width should not be more than 17 m in order to navigate through the Volga-Caspian canal.

Aiming to fill this gap in the ice-class vessel market, Keppel O&M’s ship design and development arm, Marine

Technology Development (MTD), rose to the challenge by developing proprietary designs for the ice-class supply and ice-class multi-purpose duty rescue vessels.

The project team spent eight months creating a new design for a shallow draft ice-class vessel equipped with robust ice-breaking capabilities and excellent calm water performance. T h e n e w d e s i g n w a s able to meet the unique requirements of the customer on the vessel’s draught, width, transit height and guaranteed deadweight.

In September 2015, Keppel

Singmarine successfully delivered two ice-class supply vessels and one ice-class multipurpose duty rescue vessel to Bumi Armada on schedule and with a perfect safety record. These were the first-ever ice-class vessels to feature Keppel Singmarine’s proprietary designs.

Reinforcing its position as an industry leader in the design and construction of ice-class vessels, Keppel Singmarine is currently constructing an ice-class multi-purpose vessel for New Orient Marine Pte Ltd, a subsidiary of Luxembourg-based Maritime Construction Services SA. keppelite

Keppel Singmarine successfully delivered two ice-class supply vessels and one ice-class multi-purpose duty-rescue vessel to Bumi Armada in September 2015

Empowering Lives 23


Empowering Lives 23

Ushering in the Year of the Monkey Keppelites across the Group celebrated the Lunar New Year.

K e p p e l C o r p o r a t i o n ushered in the Year of the Monkey with a Lo Hei party held at Keppel Leadership Inst itute on 18 February 2016.

H i g h l i g h t s i n c l u d e d the tossing of Yusheng (Chinese raw fish salad), an appearance by Cai Shen

(God of Fortune), a lion dance performance by Thye Hua Kwan Mora l S o c i e t y, a n d a l u c k y draw.

Guests received a jar of ginger sauce each as a souvenir, with Keppel Care Foundation donating $5 to Community Chest for each

Keppel Corporation board members and Keppel Group senior management celebrated the Lunar New Year at a dinner hosted by Dr Lee Boon Yang (fifth from left), Chairman of Keppel Corporation

jar as part of a community service tie-up with caterer Sam Sui Supplies. In all, $1,000 was donated for 200 jars.

Keppel Corporation board members and Keppel Group senior management also attended a Lunar New Year dinner hosted by Dr Lee

Boon Yang, Chairman of Keppel Corporation.

Similar festivities took place at Keppel FELS, where staff and management came together to enjoy delicious food, fun games, a lucky draw, and lion dance and Chinese orchestra performances.

Continues on page 24...

24 Empowering Lives


Keppel Infrastructure held its Lo Hei lunch at Keppel Leadership Institute on 16 F eb rua r y 2016 i n c o n j u n c t i o n w i t h i t s annual Health, Safety and Environment roadshow, where there was also a calligraphy competition for employees.

Keppe l L and s t a f f i n S ingapore jo ined CEO Mr Ang Wee Gee and senior management in a celebration at Keppel Land’s s taff lounge, Kloud. In Shanghai, Keppel Land China put a creative spin on festivities with a costume party themed “Around the World in 80 Minutes”, which saw over 100 Keppelites dressed up in traditional costumes from Brazil, China, England, France, India, Japan and Thailand.

Keppel REIT Management held an appreciation lunch for its property management staff from Bugis Junction

Keppel Corporation staff at Keppel Leadership Institute celebrated with Lo Hei Keppel Infrastructure employees participated in a calligraphy competition during their Lo Hei lunch at Keppel Leadership Institute

Keppel Land senior management and staff held their Lunar New Year celebration at their staff lounge, Kloud

Keppel FELS rang in the Lunar New Year with food and games

...continued from page 23.

Empowering Lives 25


Forging closer partnerships Celebrating another year of close collaboration, Keppel FELS senior management and employees joined over 260 guests from 95 subcontract companies in reaffirming their strong partnership during the annual dinner hosted by Keppel FELS Subcontractors’ Executive Council (KSEC) D inner and Dance on 18 February 2016.

In his opening address, Mr Chow Yew Yuen, CEO of Keppe l Off shore & Marine, shared, “Keppel FELS’ success hinges not just on the dedicat ion and commitment of our employees, but also on the support and understanding of our subcontractors. I am confident that as long as we continue to work

closely together, we will ride through this downturn and emerge stronger than ever.

“The relationship between m a n a g e m e n t a n d subcontractors in Keppel FELS is a unique one. In my 35 years with Keppel, I have seen this relationship grow from strength to strength

Management and subcontractors of Keppel FELS celebrated another year of successful partnership during the Keppel FELS Subcontractors’ Executive Council Dinner and Dance

due to the efforts of KSEC and our unions.”

KSEC Chairman Mr Ng Joo Kheong emphasised that Keppel FELS subcontractors would continue to streamline and look for ways to boost productivity in order to reduce costs in view of the current challenging environment. keppelite

Towers and Ocean Financial Centre on 1 and 3 February 2016 respectively. Mr Toh Wa h S a n , E x e c u t i v e Vice President of Asset Management, thanked the staff for their hard work and dedication in ensuring that the buildings are maintained in tip-top condition.

At Ocean Financial Centre, tenants and workers in the

Raffles Place area enjoyed a lunchtime performance by Ding Yi Music Company on 16 February 2016. Showcasing a repertoire inc lud ing Te resa Teng classics, the performance was organised by Keppel REIT Management as part of ongoing efforts to support budding artists and enliven the business district through the arts. keppelite

Keppel REIT Management organised a lunchtime performance by the Chinese chamber music ensemble Ding Yi Music Company at Ocean Financial Centre

26 Empowering Lives


Keppelites Around the World

As someone who readily embraces new experiences, Felix Allen Jerome seized the chance to be seconded to Qatar in March 2007 as part of the opening team for Keppel Offshore & Marine’s (Keppel O&M) joint venture shipyard, Nakilat-Keppel O&M (N-KOM).

F o r A l l e n , i t w a s a n opportunity of a lifetime. After all, the pace at which N-KOM has developed since its humble beginnings is testament to the Can Do! spirit firmly etched within Keppel’s DNA.

Growing beyond Singapore shores“Back in 2007, the land on which the shipyard is situated had not even been reclaimed yet. Now, looking back at how much we have accomplished since we arrived in Qatar gives me immense satisfaction and pride,” he enthused.

Jointly developed by Nakilat, the world’s leading transporter of liquefied natural gas (LNG), and Keppel O&M, the 50-ha N-KOM was constructed on the north-eastern tip of Qatar within the Ras Laffan Industrial City. Today, N-KOM boasts some of the most

technologically advanced equipment for the repair, conversion and construction of a wide range of marine and offshore vessels and structures.

Now managing the inner workings of N-KOM as GM of Operations, Allen has amassed nine years of overseas experience at the shipyard. During this time, he has managed several groundbreaking projects, such as the recent delivery of the shipyard’s first liftboat, Al Safliya, to Gulf Drilling International on time, on

target and with a good safety record.

Allen firmly believes his decision to uproot and try something new has allowed him to grow on both a personal and professional level. He explained, “Having to adapt to local customs and regulations brings a unique set of challenges, but the exposure and experience gained from work ing i n a fo re ign environment is priceless. The trials and tribulations one will undoubtedly undergo only serve to make you more resilient and adaptable, and these traits are assets to any organisation.”

In his leisure time, Allen enjoys catching the latest blockbusters at the movie theatre, shopping and travelling to spectacular tourist sites within the region. “The apartment where I stay is located within central Doha, about 70km south of the shipyard, and there are lots of fantastic Indian and Middle Eastern restaurants in the nearby mall,” he shared.When asked what advice he would dispense to Keppelites who aspire to try an overseas stint, Allen simply said, “Go for it! You won’t regret the experience!” keppelite

For Felix Allen Jerome, GM (Operations) of Nakilat-Keppel Offshore & Marine, uprooting from Singapore to set up the joint venture shipyard (pictured in the background) in Qatar has been an invaluable experience

Nurturing Communities 27



New hub for engineersT h e K e p p e l G r o u p ’s businesses in Offshore & Mar ine , P rope r t y and Infrastructure are driven by technological innovation and strong engineering capabilities.

A c k n o w l e d g i n g t h e important role that engineers play in its industries, Keppel ha s been a l ong t ime supporter of the Institution of Engineers Singapore (IES), the national society of engineers in Singapore.

To support the society’s growth, Keppel Corporation cont r ibuted $250,000 towards the IES Green Building @ Bukit Tinggi. The building was officially opened on 16 February 2016 by Mr Teo Chee Hean, Deputy Prime Minister and Coordinating Minister for National Security.

Mr Loh Chin Hua, CEO of Keppel Corporation, shared, “Engineering is a key part of Keppel’s DNA. As a conglomerate with engineering expertise across the offshore and marine, property and infrastructure industries, we take pride in our ability to design, build and deliver projects to the highest standards of safety, quality and customer satisfaction. “The long-term vitality of Singapore’s engineering

community is important to us, as we seek to develop ou r own eng inee r i ng talent pool. To that end, we are happy to have contributed to the new IES Green Building. The hub for engineers promotes collaboration and supports IES in its mission to advance the engineering profession in Singapore.”

Acknowledging Keppel’s donation, the IES has named its members’ lounge“Keppel Lounge”. The space provides a conducive environment for engineers to relax and network.

Designed by engineers, for engineers, the new IES Green Building embraces the latest

green and sustainable design and construction technology. keppelite

Top photo: The Keppel Lounge provides a conducive space for engineers to relax and network; Bottom photo: Keppel representative, Dr Foo Kok Seng (right), ED (Shallow Water Technology), Keppel Offshore & Marine Technology Centre and ED, Offshore Technology Development, Keppel Offshore & Marine, receiving DPM Teo Chee Hean (left) at the Keppel Lounge during the official opening of the IES Green Building

28 Nurturing Communities


Spurring sporting excellenceIn support of local sporting talent, Keppel has been a sponsor of Singapore Table Tennis Association (STTA) since 2011. On 19 February 2016, the achievements in 2015 of Singapore’s national paddlers were recognised at the annual K e p p e l - S T TA A w a r d s Night.

Gracing the event as Guest-of-Honour was Mr Tan Chuan-Jin, Minister for Social and Family Development and President of the Singapore National Olympic Council.

“I would very much like to extend my appreciation to Keppel Corporation for supporting the sport and

recognising the efforts and achievements of our athletes and officials in presenting tonight’s awards to them,” Mr Tan said, noting Keppel’s support of the Keppel-Clementi Training Zone since 2011 as well.

“Our national paddlers fly the Singapore flag high and

Keppel is proud to support the STTA team as it inspires us with its tenacity and determination to excel. The achievements of the players ignite national pride, and we wish them every success in their continued pursuit of sporting excellence,” said Mr Loh Chin Hua, CEO of Keppel Corporation. keppelite

Celebrating the achievements of Singapore’s national paddlers at the Keppel-STTA Awards Night were Guest-of-Honour Mr Tan Chuan Jin (back row, sixth from left), Minister for Social and Family Development and President of the Singapore National Olympic Council; Ms Ellen Lee (back row, fourth from left), PBM, President of STTA; Mr Chan Hon Chew (back row, sixth from right), CFO, Keppel Corporation; Er Dr Lee Bee Wah (back row, fifth from right), Member of Parliament for Nee Soon GRC and STTA Advisor; and Mr Ho Tong Yen (back row, third from right), GM, Group Corporate Communications, Keppel Corporation

Fuel for thought

The fight is won or lost far away from witnesses – behind the lines, in the

gym, and out there on the road, long before I dance under those lights.

Muhammad Ali



Spreading cheer The Group’s business units rallied to reach out to the needy during the Lunar New Year.

KEPPEL INFRASTRUCTURE A s p a r t o f K e p p e l Infrastructure’s (KI) corporate s o c i a l r e s p o n s i b i l i t y programme, the company partnered with non-profit organisation Food from the Heart to pack and distribute Fu Dai (festive packages) to a group of needy senior citizen residents of Jalan Bukit Merah in Singapore.

On 15 February 2016, 17 volunteers from KI packed almost 60 Fu Dai, each containing food and daily essentials as well as an ang pao (red packet) and two mandarin oranges.

The volunteers then went door-to-door to distribute the Fu Dai to the households, personal ly wishing the recipients good luck and prosperity for the Lunar New Year.

Food from the Heart is a local non-profit voluntary food distribution programme whose programmes also include distribution of toys and birthday celebrations for those in need.

KEPPEL TELECOMMUNICATIONS & TRANSPORTATIONTo usher in the Year of the Monkey, 18 volunteers from Keppel Telecommunications & Transportat ion went

door-to-door in Keat Hong Constituency, Singapore, on 17 February 2016 to distribute goodie bags of groceries and daily necessities to needy families.

The event was organised in partnership with Fei Yue Family Service Centre and Keat Hong Zone 7 Residents’ Committee volunteers. Over 40 families registered under the ComCare Fund received the bags containing rice, cereal, canned food and grocery vouchers.

T h e C o m C a r e F u n d (Community Care Endowment Fund) was established in 2005, and provides funding for assistance programmes for low-income Singaporeans. keppelite

Volunteers from Keppel Telecommunications & Transportation partnered with Fei Yue Family Service Centre and Keat Hong Zone 7 Residents’ Committee Volunteers to distribute daily necessities to needy families during the Lunar New Year

Keppel Infrastructure partnered with non-profit organisation Food from the Heart to pack and distribute festive packages to needy senior citizens living in Jalan Bukit Merah

30 Nurturing Communities


Traditional performances such as the Yang Ge dance brought festive cheer to a Chinese New Year bazaar in Sino-Singapore Tianjin Eco-City

Merry gatheringS h e n g H e n g E c o -Maintenance and Services Co. Ltd. (Sheng Heng), a fully-owned subsidiary of Sino-Singapore Tianjin Eco-City Investment and Deve lopment Co. L td , organised a Chinese New Year bazaar on 30 January 2016 for residents of the S ino-S ingapore T ianj in Eco-City (Sino-Singapore Eco-City).

The event saw over 800 res idents of the S ino-

S i n g a p o r e E c o - C i t y gathering to usher in the Lunar New Year. Besides watching traditional Chinese performances such as the Yang Ge folk dance, residents enjoyed shopping for festive treats at a special bazaar.

In conjunction with the celebration, Sheng Heng i n t r o d u c e d a ‘ S m a r t Community App’ to enhance i n t e r a c t i o n s a m o n g s t residents. keppelite

Lending a helping handManagement and staff of the Spring City Golf & Lake Resort (Spring City) in Kunming, China, organised a donation drive on 22 January 2016 to gather pre-owned clothing and beddings for beneficiaries from the Civil Administration of Tangchi in Heilongjiang Province.

A total of 28 overalls, 77 heat blankets and 95 pillows were collected and subsequently donated. These will help underprivileged villagers f rom Tangch i and the

surrounding areas keep warm and comfortable during the bitterly cold winter months, when temperatures often drop to extremes of -40°C.

Said Mr Edwin Hu, GM of Spring City, “We seek to give back to the less fortunate whenever we can. Rallying our staff to donate these items to the underprivileged was the least we could do to extend a helping hand.” keppelite

Staff from Spring City Golf & Lake Resort rallied to gather pre-owned clothing and beddings for the less fortunate in villages under the Civil Administration of Tangchi in Heilongjiang Province, China



Keppel Volunteers brought bagfuls of cheer to those in need by delivering Fu Dai (festive packages)

Ringing in springKeppel Volunteers sprung into action over the Lunar New Year to spread festive cheer and engage with the elderly.

FESTIVE DELIVERIES Reach ing ou t to 100 beneficiaries, 30 Keppel Volunteers participated in Community Chest’s Fu Dai (festive packages) campaign 23 January 2016, which brought the community together to show care and concern for the less fortunate amidst the Lunar New Year festivities.

Apart from contributing donations, companies and individuals went the extra mile by packing and delivering essential household items and necessities to frail elderly and families in need. The senior beneficiaries were grateful for the Fu Dai as some of them have difficulty even walking to purchase daily necessities.

Shared volunteer Wayne Siek, Construction Manager (Production) at Keppel FELS, “I am grateful to Keppel Volunteers for organising this meaningful event, which allowed me to do my little part in helping out the less fortunate. It was heart-warming and humbling to see the recipients’ smiles when we delivered the goodie bags. I also appreciated the

opportunity to interact with Keppelites from across the Group as we worked on this good cause together.”

HANDS-ON FUN Separately, Keppel Volunteers helped senior friends find a spring in their step by putting their creativity to work at a ceramic-making workshop held at the Jalan Bahar Clay Studios on 27 February 2016.

Apart from unearthing their creative talents, the seniors and volunteers also enjoyed an educational tour of a traditional kiln based on a Chinese design that dates back thousands of years.

It was a truly hands-on and rewarding experience for the volunteers as they learnt both kiln molding skills and the art of conversation with the elderly. keppelite

Keppel Volunteers and elderly beneficiaries cultivated creative skills and friendship at a ceramic workshop

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Keppel and BG Group to jointly supply LNG bunker First delivery of LNG bunker expected to commence in 2017, in line with plans to develop Singapore as a leading LNG hub.

Keppel Offshore & Marine (Keppel O&M), through its wholly-owned subsidiary KS Investments Pte Ltd (KSI), and BG Group plc (BG Group) have been selected to supply Liquefied Natural Gas (LNG) bunker to vessels in the Port of Singapore.

The joint bid submitted by Keppel O&M and BG Group for the LNG bunker supplier licence is one of the two top bids selected by the Maritime and Port Authority of Singapore (MPA). The awarding of the licence is in line with the Port of Singapore’s plans to launch the LNG Bunkering Pilot Programme in 2017.

With the granting of the licence, Keppel O&M and BG Group will work on forming a 50-50 jo int venture to deliver an end-to-end bunkering solution using LNG sourced from BG Group’s diversified LNG portfolio and leveraging Keppel O&M’s expertise in LNG vessel servicing.

Mr Steve Hill, Executive Vice President, Global Energy Marketing and Shipping, BG Group, said, “Singapore is one of the world’s most important strategic ports and we are excited about the prospect of supplying LNG as a fuel for ships in this key market, with first

delivery expected in 2017. LNG produces considerably l ower em i s s i ons than conventional marine fuel and can significantly reduce a vessel’s environmental impact. We look forward to working with Keppel O&M on the safe and reliable supply of this cleaner fuel source and the ongoing development of Singapore as a leading hub for LNG in Asia.”

Mr Chow Yew Yuen, CEO, Keppel O&M, said, “The move into LNG bunkering is in line with Keppel’s strategy to provide solutions for the global LNG market, and we are happy to partner BG Group in this exciting n e w v e n t u re . A s t h e exclusive gas aggregator for Singapore, BG Group has the experience of importing LNG into Singapore where they already have a ready supply on Jurong Island.

“Together with Keppel’s years of experience and expertise in servicing vessels including gas carriers, we will be able to provide strong support to MPA in its goal to develop Singapore into a key LNG bunkering hub in Asia. As the shipping industry’s demand for green solutions

continues to rise, we will also be able to help meet the needs for sustainable shipping with our growing LNG solutions, such as tug designs with dual-fuel diesel LNG engines and the retrofitting of vessel engines to run on LNG.”

Keppel O&M’s experience in providing LNG solutions encompasses not only repair services for gas carriers, but also complex offshore conversions. Keppel O&M successful ly completed the world’s first Floating Storage and Regasification Unit (FSRU) in 2008, which was followed by two more similar units, and was the first shipyard to undertake the conversion of a Floating Liquefaction Facility in 2014.

To focus further efforts on solutions for the LNG ma rke t , Keppe l O&M set up a new design and t e c h n o l o g y a r m , G a s Technology Development, in 2015. Through its other design and technology arm, Marine Technology Development, Keppel O&M has developed a range of designs for LNG vessels including barges, carriers, and dual-fuel tugs that can run on diesel and LNG. keppelite

Keppel O&M will leverage its experience and expertise in providing LNG solutions, among which are conversion solutions for Floating Liquefaction (FLNG) Facilities, to provide LNG bunkering services in Singapore with BG Group. The LNG carrier, HILLI (pictured), is currently undergoing conversion into an FLNG facility in Keppel Shipyard

shared vision for one keppelkeppelite i february 2016 sustaining growth 5 n-kom delivers first...

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