Oil prices up, but O&M players are not rolling out the barrel
Industry facing margin erosions; OSV players reliant on lenders' support; talk of big yard groups merging
Add BT as a preferred sourceSingapore
THE road to recovery for Singapore's embattled offshore and marine (O&M) sector will be a bumpy one - with consolidation looming on the horizon for large-cap yard operators and small- to mid-cap offshore support vessel players, analysts said.
So is Keppel Corporation and Sembcorp Marine's recent surge past the psychological S$8 and S$2 price points premature?
TRENDING NOW
Singdollar hits 10-month high against ringgit as investors take refuge in traditional safe haven
Apple joins foldable phone race with US$1,999 passport-shaped iPhone Duo
DBS ‘categorically rejects’ S$1.3 billion claim by 1MDB-linked entities under liquidation
Commodity-finance risks back in focus amid Radiant World scrutiny
