seatrium

No prosecution for Seatrium over Brazilian corruption offences, High Court approves US$110 million penalty

This is the first deferred prosecution agreement approved by the Singapore court that involves a corporate entity

The notes are part of Seatrium’s S$3 billion multicurrency debt-issuance programme.

Seatrium unit prices S$400 million in fixed-rate notes due 2031 at 2.95%

Net proceeds will be used to refinance existing borrowings and fund potential acquisitions, among others

Seatrium has no major Middle East related projects in its order book.

Seatrium customers defer maintenance and repair work amid Mid-East conflict

It is replenishing its order book with more than S$32 billion in pipeline deals over the next 24 months

Seatrium may issue perpetual securities or notes in any agreed currency.

Seatrium sets up S$3 billion multicurrency debt issuance programme

The net proceeds will be used to refinance existing borrowings and fund potential acquisitions, among other things

The Seatrium Employees Union is formally affiliated with NTUC.

Seatrium establishes house union to represent more than 5,000 workers

This move provides a ‘unified platform’ to support and represent the company’s workforce

Singapore-listed sustainability plays have underperformed the market in the immediate wake of the Feb 28 attacks in Iran.
ESG INSIGHTS

Issue 185: Sembcorp, Keppel underperform in wake of Iran attacks; Singapore makes climate adaptation plans

This week in ESG: Singapore-listed sustainability plays offer little insulation from Mideast conflict; national adaptation plan slated for 2027

The vessel’s delivery on Feb 26 follows the completion of sea trial activities and final readiness evaluations.

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's final dividend will be paid on May 18, after the record date of May 6.

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 is due to announce its full-year financial results on Feb 26.
HOT STOCK

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

The divestments represent an acceleration in Seatrium’s asset portfolio optimisation strategy, says the group.

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