Maersk resolves dispute with Seatrium, will pay US$360 million upon vessel delivery

Name: Maersk resolves dispute with Seatrium, will pay US$360 million upon vessel delivery
Uploaded: 2025-12-22T08:02:14+00:00Z
Duration: PT55.915S
Description: Seatrium has settled its dispute with Maersk Offshore Wind’s affiliate Phoenix II, agreeing that the balance of the US$360 million contract for a wind‑turbine installation vessel will be paid on delivery on Feb 28, 2026.

Mon, December 22, 2025 - 08:02 AM

Seatrium has settled its dispute with Maersk Offshore Wind’s affiliate Phoenix II, agreeing that the balance of the US$360 million contract for a wind‑turbine installation vessel will be paid on delivery on Feb 28, 2026.

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