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Seatrium to start its own arbitration in US$475 million contract termination dispute
[ad_1] The contract, which is 98.9 per cent complete, is for the construction of a wind turbine installation vessel in an US offshore wind farm[SINGAPORE] Seatrium is starting its own...
Seatrium stays bullish on green bets despite axing of US$475 million wind project
[ad_1] The offshore and marine player is also exploring ‘moonshot’ projects such as a floating nuclear platform[SINGAPORE] Even in the face of a US$475 million contract termination for a wind...
Seatrium shares plunge up to 7.8% on US$475 million Maersk Offshore Wind contract termination
[ad_1] This development will likely have a negative near-term impact on the stock, says Citi analyst Luis Hilado[SINGAPORE] Shares of Seatrium plunged as much as 7.8 per cent on Friday...
Seatrium hit by US$475 million contract termination for nearly completed wind vessel; shares drop 6.6%
[ad_1] The company says that it will ‘explore viable solutions’, including talks with the end-customer, Empire Offshore Wind[SINGAPORE] Seatrium on Friday (Oct 10) announced that it had received a termination notice...