- At present, we prefer the small-/mid-cap plays in the offshore & marine sector.
- The shipping sector’s strength in 2025 was in stark contrast to the offshore wind sector. While day rates remain robust for all types of rigs, they have yet to rise to levels that would encourage new orders.
Shipping ended the year on a high note...
- - Read this at SGinvestors.io -
- On the shipbuilding front, 2025 saw the strongest year on record for containership contracting with a total of 4.8m TEU ordered. According to Clarksons, its Newbuild Price Index remained 25% above its ten-year average, with China leading the way by capturing about 63% of all new orders in 2025.
… but more frigid forecasts for the offshore wind industry.
- - Read this at SGinvestors.io -
- While major US policy shifts have had negative ramifications on sentiment, the industry appears much better outside of the US, with the UK and nine other European countries recently agreeing to accelerate the rollout of offshore windfarms in 2030-41. This could have positive ramifications for Seatrium in the medium to long term.
Data for day rates and utilisation rates remain robust.
- Read more at SGinvestors.io.
