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Seatrium won S$170M in contracts for ship repairs and upgrades, including cruise and naval vessels, with work due by Q1 2026.
Seatrium secured S$170 million in repair and upgrade contracts, with work set for completion by Q1 2026, including cruise ship retrofits for major operators, naval vessel upgrades, LNG carrier emissions improvements, and maintenance for offshore vessels and power stations.
The company also won a mega yacht project and faces a dispute over a terminated wind vessel contract, which it is contesting through arbitration.
Shares rose 0.9% to S$2.20 after the announcement.
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Seatrium ganó S $ 170M en contratos para reparaciones y actualizaciones de barcos, incluidos cruceros y buques navales, con trabajos previstos para el primer trimestre de 2026.