Stocks to watch: Seatrium, Toku, AA Reit, HRnetGroup, Info-Tech Systems
The following companies saw new developments that may affect trading of their securities on Thursday (Jan 22): Source link
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Seatrium
Seatrium unit files arbitration proceedings over dispute with consortium partner Aibel
The company is unable to ascertain the financial impact arising from the proceedings Seatrium New Energy (SNE), a wholly owned subsidiary of Seatrium, and Norwegian energy services firm…
Seatrium unit faces 130 million euros in claims from consortium partner amid arbitration proceedings
Seatrium adds that it is currently ‘unable to definitively ascertain the financial impact, if any’ Seatrium New Energy (SNE), a wholly owned subsidiary of Seatrium, and Norwegian energy…
Seatrium end-customer gets reprieve after judge rejects Trump’s wind farm ban
Empire Wind developer Equinor says it would lose over US$1b in contracts if project does not restart soon US President Donald Trump’s attempts to torpedo offshore wind farms suffered a…
Seatrium, Maersk resolve contract dispute with giant line to pay US$360 million upon vessel delivery
Offshore, marine and energy specialist Seatrium has reached an agreement with buyer Maersk Offshore Wind’s affiliate Phoenix II, for the latter to pay the balance of the contract price –…
Stocks to watch: Seatrium, CNMC Goldmine, Singapore Paincare
The following companies saw new developments that may affect trading of their securities on Monday (Dec 22): Seatrium: Seatrium announced on Monday that it has reached an agreement with a…
Seatrium back on track with estimated S$2 billion TenneT order: analysts
Analysts were positive on Seatrium’s latest contract win, stating that the marine engineering company was back on track in terms of its order book. A consortium comprising Seatrium and GE…
Stocks to watch: Sembcorp, CDL, UOL, GuocoLand, Seatrium, Singtel, Hongkong Land
The following companies saw new developments that may affect trading of their securities on Friday (Dec 12): Sembcorp Industries: The engineering services company on Thursday announced…
Seatrium consortium bags major contract with TenneT to link Germany’s grid with North Sea wind power
This brings Seatrium’s value of new wins for FY2025 to over S$4 billion to date A consortium comprising Seatrium and GE Vernova was on Thursday (Dec 11) awarded a contract by European…
Stocks to watch: Centurion, Manulife US Reit, Seatrium, Wilmar, LHN, Marco Polo Marine
The following companies saw new developments that may affect trading of their securities on Monday (Dec 1): Centurion: The company has expanded its Australian footprint into Perth,…
Stocks to watch: Low Keng Huat, Centurion, Manulife US Reit, Seatrium, Wilmar, LHN
The following companies saw new developments that may affect trading of their securities on Monday (Dec 1): Low Keng Huat: The majority shareholders of Low Keng Huat (Singapore) (LKH)…
Seatrium to start its own arbitration in US$475 million contract termination dispute
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 Seatrium is starting its own arbitration…
Seatrium bags new BP contract; lifts order book to more than S$2 billion
Marine engineering company Seatrium on Wednesday (Nov 26) announced that it has been awarded a contract from BP Exploration and Production for the engineering, procurement, construction…
Stocks to watch: Singtel, Nio, ThaiBev, Seatrium, ComfortDelGro, Coliwoo, NoonTalk
The following companies saw new developments that may affect trading of their securities on Wednesday (Nov 26): Source link
Stocks to watch: AEM, ST Engineering, Seatrium, CDG, Golden Agri, Ho Bee Land, Food Empire, NTT DC Reit
The following companies saw new developments that may affect trading of their securities on Thursday (Nov 13): AEM: The test solutions provider posted a S$4 million profit for the nine…
Seatrium eyes more new order wins; net order book stands at S$16.6 billion in Q3
The group said it is making ‘steady progress’ toward achieving its 2028 financial targets. Offshore, marine and energy specialist Seatrium on Thursday (Nov 13) reported that its net order…
Seatrium bags S$170 million worth of new contract wins ahead of Q3 results
Seatrium on Tuesday (Oct 28) announced that it has clinched S$170 million worth of new repair and upgrade contracts comprising major cruise, leisure and naval vessel projects. All works…
Stocks to watch: Cordlife, Seatrium, First Reit, CICT, KIT, Keppel Pacific Oak US Reit
The following companies saw new developments that may affect trading of their securities on Tuesday (Oct 28): Cordlife: The cord-blood bank said on Monday it had submitted its response to…
Seatrium must manage its risks well as it tackles offshore headwinds
The company’s best defence is to broaden its non-oil and gas portfolio, in both geography and technology The unexpected termination of a US$475 million contract highlights Seatrium’s…
Stocks to watch: Seatrium, Centurion, Stoneweg Europe Stapled Trust, Ever Glory
The following companies saw new developments that may affect trading of their securities on Wednesday (Oct 15): Seatrium: The offshore and marine company will continue pursuing green…
Seatrium stays bullish on green bets despite axing of US$475 million wind project
The offshore and marine player is also exploring ‘moonshot’ projects such as a floating nuclear platform Even in the face of a US$475 million contract termination for a wind vessel,…
Floating wind farms, ammonia and carbon capture: Seatrium bets on green opportunities
The offshore and marine player is also exploring ‘moonshot’ projects such as a floating nuclear platform Even as US politics roils the clean energy industry, Seatrium sees fresh growth…
Seatrium shares plunge up to 7.8% on US$475 million Maersk Offshore Wind contract termination
This development will likely have a negative near-term impact on the stock, says Citi analyst Luis Hilado Shares of Seatrium plunged as much as 7.8 per cent on Friday (Oct 10) morning…
Seatrium hit by US$475 million contract termination for nearly completed wind vessel; shares drop 6.6%
The company says that it will ‘explore viable solutions’, including talks with the end-customer, Empire Offshore Wind Seatrium on Friday (Oct 10) announced that it had received a…