- Three major offshore oil projects hit FID in 4Q25 with Seatrium winning one FPU contract.
- In the small-/mid-cap space, ASL Marine and Marco Polo Marine reported a strong earnings momentum amid rising charter rates and expanding orderbooks.
- - Read this at SGinvestors.io -
Finally, some major decisions.
- 2025 will end on a high note with three major offshore oil projects reaching Final Investment Decisions (FID). These projects were Eni’s Coral Norte FLNG (US$7.2b), BP’s Tiber-Guadalupe (US$5.0b) and ExxonMobil’s Hammerhead (US$6.8b) all of which had initially been expected to reach FID in 4Q24/1Q25 but were delayed due to policy-related uncertainty in early-25.
- - Read this at SGinvestors.io -
- A notable milestone occurred in the container sector recently with the global fleet surpassing the 7,000-vessel mark for the first time on the back of vessel numbers increasing by 24% and capacity expanding by 41% in the past 10 years. Despite this growth, we note that 46% of the global containership fleet is >15 years old and thus we could see continued placements for new containership orders as the fleet ages towards 20 years.
Data for day rate and utilisation rates holding up well.
- Read more at SGinvestors.io.
