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Is surge in orders a sign of uptrend in O&M sector?

Some analysts see an upcycle, others say premature to call it a trend

THE large contracts won in the short span of a week by several Singapore-listed companies in the offshore & marine (O&M) space has prompted this question: Is the sector seeing an upswing and, if so, what does it mean in terms of orders for the industry players? Analysts and industry