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
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 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 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
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
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
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 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 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
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