Sembcorp Marine
Sembcorp Marine provides innovative engineering solutions to the global offshore, marine and energy industries. Headquartered in Singapore, the group has close to 60 years of track record in the design and construction of rigs, floaters, offshore platforms and specialised vessels, as well as in the repair, upgrading and conversion of different ship types.
See below for the latest Sembcorp Marine news, analysis, profit results, share price information, and commentary.
COVID-19 positive Sembcorp mariners transferred out of Tukang Dorm
The marine company apologised to its workers at the dorm.
COVID-19 positive Sembcorp mariners transferred out of Tukang Dorm
The marine company apologised to its workers at the dorm.
Temasek announces $0.08 per share cash offer for SembCorp Marine
Its subsidiary, Startree Investments, plans to acquire all ordinary shares of Sembmarine.
Sembcorp Marine uses remaining net cash proceeds from rights issue
A total of $0.16b remains from the $0.6b net cash proceeds.
Sembcorp Marine snags contract for Dorado FPSO project
The contract involves front-end engineering design work.
Sembmarine completes offshore windfarm substations for Orsted
This expands Sembmarine’s footprint in renewable and clean energy.
MPA, SMI co-fund 3 consortiums for harbour craft electrification
This will support Singapore’s plans of reducing greenhouse gas emissions by the maritime transport sector.
Sembmarine sinks $647m in net loss for H1 2021
COVID-19 disruptions continue to cause delays in its projects.
Manufacturing sector stocks follow manufacturing growth lead
Singapore’s top 20 most traded manufacturing-related stocks have a combined market value of $98.8b.
Temasek continues investments in carbon-emitters amidst green goals
The state investor says these investments are meant to help these firms shift to a different path.
Sembcorp Marine warns of continued losses ahead of earnings report
The offshore engineering group is set to declare a net loss for the first half of the year.
Keppel, Sembcorp start talks on possible merger
Keppel is also in talks with Temasek on selling its legacy rigs.
Sembcorp Marine flags hiring challenges, project delays
Sembcorp Marine said Phase 2 (Heightened Alert) restrictions would impact its operations.
Sembcorp Marine wins $490m FPSO building contract
It signed a letter of intent with Statoil Petroleum AS.
Goh Geok Ling retires as Sembcorp Marine chairman
He did not seek re-appointment at the company's 51st Annual General Meeting.
RCL awards S$25m cruise ship revitalisation contract to Sembawang Shipyard
Voyager of the Seas undergoes repair.
Sembcorp Marine's PPL shipyard secures $214.3m jack-up rig order
With possibility for two more.
Sembcorp Marine rebound in 4Q13 should restore confidence in stock
Glowing prospects should relieve battered stock price.