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
Singapore
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
One-third of Singapore-listed firms at risk in severe AI downturn: MAS
‘We don’t want to stay as we are’: CEO Patrick Ng builds a more resilient Huationg
He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons
Radiant World table shows six lenders with US$870 million exposure
