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Seatrium
Broker's Calls
Brokers' Digest: Food Empire Holdings, Seatrium, Civmec
See what the analysts have to say this week.
September 05, 2024
Broker's Calls
CGSI sees Seatrium as a ‘laggard pick’ with 'strong turnaround' in 2HFY2024
The analysts expect Seatrium to report an 184% h-o-h increase in net profit for 2HFY2024.
September 04, 2024
Offshore & Marine
Seatrium in the black after straight yearly losses
CEO Chris Ong noted that 1HFY2024 was a “busy” and “fruitful” one with the group clinching several "prized" contracts.
August 08, 2024
Offshore & Marine
O&M industry: Floating on unstoppable oil
Offshore and marine companies have rallied with the stability of oil prices, but a clean energy future looks the way forward.
August 07, 2024
Results
Seatrium reverses loss to post 1HFY2024 net profit of $36 million
Seatrium reverses loss to record $36 million net profit as gearing levels fall and operational efficiency rises.
August 02, 2024
Company in the news
Seatrium secures $1.1 bil committed global syndicated bank guarantee facility
The facility comes with a flexible structure that is a first-of-its-kind in the offshore and marine industry in Singapore.
July 29, 2024
Results
Seatrium expects net profit for 1HFY2024 in profit guidance
Further details will be disclosed in its financial results to be released on Aug 2.
July 29, 2024
Contracts
Seatrium clinches $180 mil repairs and upgrade contracts
All projects, with the exception of one, will be completed by end-2024.
July 23, 2024
Stocks To Watch
Seatrium shakes off its past with new contracts
According to Bloomberg data, as of March 11, Temasek had a 35.55% stake in Seatrium.
July 18, 2024
Deals, joint ventures & alliances
Seatrium signs Favoured Customer Contract with Teekay Shipping (Australia)
Under the contract, the first vessel scheduled for repairs in Seatrium’s Admiralty Yard in Singapore is in July.
July 11, 2024