sembcorp marine

Seatrium’s H2 loss widens to S$1.7 billion, proposes 20-to-1 share consolidation to axe ‘penny stock’ status

Seatrium reported a net loss of S$1.7 billion for the second half ended Dec 31, 2023, widening from a net loss of S$118.3 million in the same period a year earlier.

Sembcorp Marine and PSA take top Asian awards

Sembcorp Marine and PSA take top Asian awards

THE Singapore shipping and marine sector received a morale boost as Sembcorp Marine received the Best Shipyard of the Year award at the Lloyd's List Asia Awards 2014, while PSA was selected as the Por...

Former Sembcorp Marine Brazil unit president Martin Cheah has been acquitted from charges stemming from Operation Car Wash.

Former Sembcorp Marine Brazil unit president Martin Cheah acquitted 

FORMER Sembcorp Marine, now Seatrium, Brazil unit president Martin Cheah was acquitted of all charges stemming from anti-corruption probe Operation Car Wash on Dec 20.

The  gratifications were meant as an inducement or reward for advancing the business interests of these contractors with Sembcorp Marine Integrated Yard.

Sembcorp Marine commercial executive charged with corruption

A MAN has been charged in court over corruption offences allegedly committed while he was a commercial executive of Sembcorp Marine Integrated Yard.

Minister in the Prime Minister’s Office Indranee Rajah says 
Temasek made an independent commercial decision to inject capital into Sembmarine based on the available facts and disclosures at the time.

Temasek’s investments into Sembmarine were made after due diligence: Indranee Rajah

TEMASEK’s decision to participate in Sembcorp Marine’s (Sembmarine) two rights issues in 2020 and 2021 was made after doing its due diligence into the investment, said Minister in the Prime Minister’s...

CPIB has announced that it has commenced investigations against Seatrium for alleged corruption offences. 

Seatrium says CPIB’s investigations relate to Sembcorp Marine’s activities before 2015

SEATRIUM said that it believes that the investigation by the Corrupt Practices Investigation Bureau (CPIB) against the company relates to events that occurred prior to 2015 and to the Sembcorp Marine ...

The Corrupt Practices Investigation Bureau has commenced investigations on Seatrium and individuals from the company for alleged corruption offences, the agency said in a press statement on Wednesday.

Seatrium under investigation by CPIB for alleged corruption in Brazil

OFFSHORE and marine stalwart Seatrium, formerly known as Sembcorp Marine (Sembmarine), and individuals from the company are being investigated by the Corrupt Practices Investigation Bureau (CPIB) for ...

Seatrium, which was formerly known as Sembcorp Marine, says projects under execution make up about S$19.9 billion of its net order book, while ongoing repairs and upgrades projects contribute to the remaining.

Seatrium undertakes ‘holistic’ business review; net order book hits S$20 billion

OFFSHORE and marine (O&M) stalwart Seatrium, formerly known as Sembcorp Marine (Sembmarine), whose net order book crossed S$20 billion in the first quarter, is not “leaving any stones unturned” in its...

Sembcorp Marine Offshore Platforms will be involved in activities which include the engineering and construction of two offshore substation platforms for the offshore wind farms.

Seatrium secures S$500 million contract to build substation platforms at two offshore wind farms

OFFSHORE and marine engineering company Seatrium, which was formerly known as Sembcorp Marine before the merge with Keppel Offshore and Marine, has secured a contract worth more than S$500 million to ...

Seatrium, formerly Sembmarine, has announced that the proceedings in Brazil against its subsidiary there have been suspended.

Brazil suspends proceedings on unit belonging to Seatrium, formerly Sembmarine

preliminary administrative proceedings against a Brazilian subsidiary of Seatrium, formerly Sembcorp Marine, have been suspended.