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SembMarine's Q2 profit halved to S$5.59 m

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Mr Wong notes possibly early greenshoots as "offshore day rates for drilling rigs appear to have stabilised and (rig) utilisation have begun to improve".

Singapore

THE group chief executive of Sembcorp Marine, while recognising that lower contributions from rig-building and offshore platform projects have impacted the yard group's overall performance for the first six months, has identified early signs of what could spell an eventually

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