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Right Timing
Rising tide lifts offshore plays, banks bounce back
Seatrium price rises ahead of Petrobras mega project award; banks bounce back but could stay volatile
July 13, 2023
Offshore & Marine
All's well that ends well when turning brown to green
Keppel Corp makes strides towards renewables and Vision 2030 as legacy rigs go off balance sheet
November 23, 2022
Offshore & Marine
All's well that ends well when turning brown to green
Keppel Corp makes strides towards renewables and Vision 2030 as legacy rigs go off balance sheet
November 23, 2022
Offshore & Marine
All's well that ends well when turning brown to green
Keppel Corp makes strides towards renewables and Vision 2030 as legacy rigs go off balance sheet
November 23, 2022
Offshore & Marine
Keppel's settlement agreement with Sete Brasil is effective, with no impact on NAV or EPS
Keppel Corp's Settlement Agreement with Sete Brasil is in effect.
October 13, 2021
Results
SembMarine reverses into the red with 4Q net loss of $77.7 mil, expects to book losses in FY20
SembMarine is expecting the trend of losses to continue into 2020 amid supply chain disruptions due to the Covid-19 virus outbreak which could affect execution of its projects, as well as intense competition across all business.
February 20, 2020
Management & Corporate Governance
Brazilian authorities file money laundering, corruption charges against 2 men linked to Sembcorp Marine
In a regulatory filing on Monday, SembMarine stressed that the charges filed against Cheah and de Jesus are in their personal capacities and not against EJA, the group's Brazilian subsidiary.
February 03, 2020
Company in the news
Keppel reaches settlement with Sete Brasil on semisubmersible drilling rigs
SINGAPORE (Oct 7): Keppel Offshore & Marine (Keppel O&M) has finally reached a settlement with Sete Brasil over the long outstanding issue surrounding the construction of six semisubmersible drilling rigs.
October 07, 2019
Broker's Calls
SembMarine sale of 9 rigs at minimal loss gives brokers another reason to rerate stock
SINGAPORE (Oct 9): The sale of nine undelivered jackup rigs by Norwegian Borr Drilling is welcome relief for Sembcorp Marine, says CIMB.
October 09, 2017