The Business Times
business-time-50
SUBSCRIBERS

Seatrium’s nine-month net order book swells to S$24.4 billion

Year to date, the company has delivered three projects and completed 192 repair and upgrade projects

google-preferred-sourceAdd BT as a preferred source
Benjamin Cher
Chong Xin Wei

Benjamin Cher &

Chong Xin Wei

Published Mon, Nov 11, 2024 · 08:42 AM
    • Seatrium's contract with Japanese construction company Penta-Ocean Construction is expected to be awarded in the first quarter of 2025.
    • Seatrium's contract with Japanese construction company Penta-Ocean Construction is expected to be awarded in the first quarter of 2025. PHOTO: SEATRIUM

    SEATRIUM ’S net order book for the nine months ended September rose to S$24.4 billion, with 30 projects under execution till 2031.

    Of the total projects, five are scheduled for delivery this year and they are worth S$107 million in net contract value, said the offshore and marine specialist in a business update on Monday (Nov 11).

    Year to date, the company has delivered three projects and completed 192 repair and upgrade projects.

    Financial resultsseatrium

    TRENDING NOW

    Longest-serving chief minister Taib Mahmud’s legacy looms large over Sarawak as a family feud over his estate threatens to expose skeleton’s in the eastern state’s political closet.

    On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart

    Thailand’s target is to export seven million tonnes of rice globally in 2026, but the Middle East war has turned the world topsy-turvy with supply disruptions, high oil prices and economic uncertainty.

    Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why

    US President Donald Trump (left) with Chinese President Xi Jinping in Busan in October 2025. The most plausible outcome of US-China rivalry is not a clean transition from one hegemon to another, but a fragmented order.

    US-China rivalry and the Kindleberger Trap: Why inaction – not escalation – is the biggest risk

    PayPal has struggled despite its storied history as a financial-technology company.

    PayPal plans job cuts as its new CEO pursues turnaround strategy

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More