hull carry over works (Hull COW)

SINGAPORE (Sept 12): CIMB Research is maintaining “neutral” on Sembcorp Marine (SembMarine) with an unchanged price target of $1.65, which is based on 1.3 times price-to-book value (P/BV) -- the stock’s average P/BV before early-2010’s crude oi

SINGAPORE (Sept 11): Estaleiro Jurong Aracruz Ltda (EJA), the wholly-owned Brazilian subsidiary of Sembcorp Marine (SembMarine), has secured hull carry over works (Hull COW) worth about US$145 million ($194.7 million) from Tupi BV.