The group was also recently given the green light to merge with Keppel Offshore and Marine (Keppel O&M). The combined entity will be helmed by Chris Ong, Keppel O&M’s CEO.
Sembcorp Marine (SembMarine) (SGX:S51) has given notice that it has recorded losses for three consecutive financial years (FYs) on April 3.
In its latest results release, the group reported a reduced loss of $261.1 million for the FY2022 ended Dec 31, 2022.

