seatrium
End-buyer of Seatrium-Maersk vessel caught in Trump’s stop-work order
Singapore company expects vessel to be delivered as agreed in recent settlement with Danish shipping giant
Seatrium, Maersk resolve contract dispute with giant line to pay US$360 million upon vessel delivery
Part of the amount will be paid using an interest-bearing credit arrangement
Stocks to watch: Seatrium, CNMC Goldmine, Singapore Paincare
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Dec 22):
Seatrium back on track with estimated S$2 billion TenneT order: analysts
The latest contract lifts the total value of its new wins in FY2025 past S$4 billion
Seatrium consortium bags major contract with TenneT to link Germany’s grid with North Sea wind power
This brings Seatrium’s value of new wins for FY2025 to over S$4 billion to date
Stocks to watch: Low Keng Huat, Centurion, Manulife US Reit, Seatrium, Wilmar, LHN
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Dec 1):
Seatrium to start its own arbitration in US$475 million contract termination dispute
The contract, which is 98.9% complete, is for the construction of a wind turbine installation vessel in a US offshore wind farm
Seatrium bags new BP contract; lifts order book to more than S$2 billion
The Tiber FPU marks Seatrium’s second consecutive deepwater project for BP
Seatrium eyes more new order wins; net order book stands at S$16.6 billion in Q3
The group says it is making ‘steady progress’ towards achieving its 2028 financial targets
Seatrium to sell ship-owning unit to Brazilian vessel operator for US$59.7 million
This is in line with its strategy of divesting non-core assets to enhance capital and operational efficiencies
