seatrium
Seatrium delivers US$475 million vessel to Maersk for wind project targeted by Trump’s stop-work order
The vessel was central to a now-resolved arbitration dispute between the two groups in late 2025
Seatrium H2 profit up 48.3%; full-year profit doubles on stronger margins, oil and gas revenue
The company proposed a final dividend of S$0.03 a share, double the previous year’s
Seatrium ends 2.3% higher on S$50 million savings target ahead of full-year earnings
Expected savings come amid the group’s divestment of non-core assets
Seatrium targets over S$50 million in savings through asset divestments
This follows a series of transactions involving shipyards, tugboats and equipment across Singapore and Indonesia
Issue 183: Amova eyes Singapore-listed renewables; new sparks for Malaysian solar
This week in ESG: Fund manager sees structural opportunities for renewables; Solarvest to more than double solar capacity
Seatrium seeks US$55.7 million from unit of Brazil’s Petrobras over ongoing dispute, starts arbitration
Its subsidiary Jurong Shipyard faces a US$79.6 million payment demand from the Brazilian state-run oil firm
Seatrium unit faces 130 million euros in claims from consortium partner amid arbitration proceedings
Seatrium adds that it is currently ‘unable to definitively ascertain the financial impact, if any’
Seatrium end-customer gets reprieve after judge rejects Trump’s wind farm ban
Empire Wind developer Equinor says it would lose over US$1 billion in contracts if the project does not restart soon
End-buyer of Seatrium-Maersk vessel caught in Trump’s stop-work order
Singapore company expects vessel to be delivered as agreed in recent settlement with Danish shipping giant
Seatrium, Maersk resolve contract dispute with giant line to pay US$360 million upon vessel delivery
Part of the amount will be paid using an interest-bearing credit arrangement
