Here's the latest on Sembcorp Marine's Jurong Shipyard accident

12 workers are still in the hospital.

According to OCBC, following the failure of the jack-up mechanism of a jack-up rig at Jurong Shipyard which caused the injuries of workers, Sembcorp Marine updated that out of a total of 89 workers who were admitted to hospital for observation or treatment, 77 have been discharged as at 7.30pm yesterday.

Here's more from OCBC:

According to newswires, the rig involved is a Friede and Goldman JU3000N for an American customer, which we think is likely to be Noble Corp. We believe that the scheduled delivery date is around the end of next year, and chances of a delay in delivery are unlikely to be high.

Still, we await more information as investigations are ongoing.

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