Sembcorp Marine

Sembcorp Marine provides innovative engineering solutions to the global offshore, marine and energy industries. Headquartered in Singapore, the group has close to 60 years of track record in the design and construction of rigs, floaters, 
offshore platforms and specialised vessels, as well as in the repair, upgrading and conversion of different ship types. 
See below for the Latest Sembcorp Marine News, Analysis, Profit Results, Share Price Information, and Commentary. 

Sembcorp Marine granted $200m contract to build vessel for Brazilian Navy

The vessel will be built for scientific research deployment in the Antarctic.

Sembcorp Marine's net order book hits $1.75b in Q122

Of the total net orders, $1.51b were projects under execution.

After merger, Keppel, Sembcorp Marine to see long-term, short-term benefits

Keppel will focus on asset-light businesses whilst Sembcorp will be more competitive.

Keppel O&M, Sembcorp Marine mull definitive agreement by April 30

The companies said they have made “significant progress” in their negotiations.

Sembcorp Marine records 3 consecutive years of losses

The latest six-month average daily market capitalisation was at $2.6b.

Sembcorp Marine wins landmark WITV project

The project will be completed by early 2025.

Sembcorp Marine's zero-emission ROPAX ferries ready to sail

The first three vessels will be used by Norled.

Sembcorp Marine suffers net loss of $1.17b in FY2021

The group attributed this to supply chain constraints and cost provisions of $839m. 

Sembcorp Marine finally completes Johan Castberg FPSO project

The FPSO project is currently en route for delivery to Norway.

Sembmarine delivers Shell’s Vito Regional Production Facility

This is Sembmarine’s first floating production unit.

Sembcorp Marine enters into contract with Bechtel

The agreement targets module assembly of the second LNG train. 

Sembcorp Marine subsidiary to scheme world’s first zero-emission fuel tanker

This is part of the group’s efforts to spearhead maritime decarbonisation.

Sembcorp completes S$1.5b rights offering

The company said the raised capital is enough to meet "projected operation funding requirements” until 2022.

Temasek makes offer for Sembcorp Marine unconditional

This is due to the completion of the Minimum Acceptance Condition of 50% of shares.