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.

Sembcorp Marine rebound in 4Q13 should restore confidence in stock

Glowing prospects should relieve battered stock price.