You are here


SembMarine may turn in operating profits in 2019 as work ramps up

CEO says operating losses are trending down amid a more than S$1.8 billion investment in capacity-building

Sembcorp Marine President and CEO Wong Weng Sun says the added engineering muscle would bolster SembMarine's chances at landing contracts because it can offer designs and solutions to help clients improve their project economics.


NOW that a large chunk of projects on Sembcorp Marine's multi-billion-dollar order book is under construction, its management is optimistic that the large-cap offshore and marine group may turn profitable at the operating level next year.

President and chief executive,...

Market voices on: