Welcome!
Seatrium
Company in the news
Ex-president of Seatrium Brazilian subsidiary Martin Cheah acquitted of corruption charges
Under Brazilian law, the Federal Prosecutors’ Office may appeal the decision to acquit Cheah.
December 26, 2023
Broker's Calls
UOB Kay Hian stays 'overweight' on offshore and marine sector, favours Seatrium, Yangzijiang Shipbuilding and Marco Polo
The spectre of geopolitical risk remains
December 08, 2023
Company in the news
Seatrium appoints Adrian Teng as new CFO
Teng will hold the position of CFO with effect from Jan 1, 2024.
December 05, 2023
Offshore & Marine
Seatrium secures FPSO topside modules fabrication contract from MODEC
As at 11.40am, shares in Seatrium are trading 0.1 cent higher or 0.98% up at 10.3 cents.
December 04, 2023
Oil & Gas
Petrobras lifts business plan 31% to US$102 billion in major shift
'Previously, you saw a company with no future, failing to invest'
November 25, 2023
Investing ideas
Seatrium still 'steady as she goes' despite headwinds
Seatrium aims to complete a thorough strategic review of the merged company by the end of the year
November 16, 2023
Results
Seatrium expects to make net loss for FY2023 although operational and financial performance expected to improve
The group’s net gearing ratio stood at 0.15x as at Sept 30, down from 0.17x as at June 30.
November 08, 2023
Offshore & Marine
Seatrium successfully delivers floating production unit for Gulf of Mexico project
The FPU was for the contract that was signed with Shell Offshore in November 2019.
October 19, 2023
Sustainability
Seatrium to promote energy transition and sustainability through partnerships with NUS
Both agreements were signed at a joint ceremony on Oct 6.
October 06, 2023
Broker's Calls
UOBKH adds Marco Polo Marine and RH Petrogas, removes Delfi, LHN Group and Yangzijiang from October alpha picks
UOBKH’s alpha picks portfolio beat the STI by 4.7 ppts, “overcoming weak investor sentiment in September”.
October 02, 2023