SINGAPORE (Oct 8): CGS-CIMB Securities continues to rate Singapore conglomerates as “overweight” as limited organic growth has forced them to go beyond their existing turf. Notably, in the past six months, Sembcorp Industries acquired mini-power plants in the UK for about £286 million ($518.2 m...

SINGAPORE (Oct 5): DBS is maintaining its average Brent crude oil forecasts of ~US$75/bbl for 2018 and US$75-80/bbl for 2019, with the intention to monitor developments in the coming weeks. The move comes despite growing optimism on the possibility of oil prices rising above US$100/bbl due to talks ...

Submitted By:  Luz Wendy Noble Case Study:  No Sembcorp Marine's total returns hit 21.4%. This chart from the Singapore Exchange (SGX) shows that the 10 biggest...

YARD group Sembcorp Marine is investing in a fleet of liquefied natural gas (LNG)-hybrid powered tugs, which would allow its operations to comply with emission targets being rolled out by the International Maritime Organization, the industry's overarching regulatory body.

YARD group Sembcorp Marine is investing in a fleet of liquefied natural gas (LNG)-hybrid powered tugs, which will replace the existing diesel-powered fleet at its Tuas Boulevard Yard (TBY) in the years through to 2025.

SEMBCORP Marine (SembMarine) has bagged a contract from Greek shipping firm Maran Tankers to install marine scrubbers and ballast-water management systems on 13 vessels.

SEMBCORP Marine (SembMarine) has bagged a contract from Greek shipping firm Maran Tankers for the installation of marine scrubbers and ballast water management systems on 13 of its vessels.

SINGAPORE (Aug 30): CGS-CIMB Research is maintaining “overweight” on the offshore & marine (O&M) industry while highlighting Sembcorp Marine (SMM) as its top “add” pick in Singapore with a target price of $2.52, based on 2.2 times CY18F price-to-book value, its five-year average. SMM...

Submitted By:  Danielle Isaac Case Study:  No And Sembmarine might have the competitive edge on pricing. Sembcorp Marine (Sembmarine) and Daewoo Shipbuilding & ...

SINGAPORE (Aug 20): After appreciating close to 50% to its peak of $2.81 in early Feb this year, the share price of Sembcorp Marine has dropped by about 40% to the current price of $1.67. SembMarine’s transformation efforts to move up the value chain has resulted in new business opportunities but ...

SINGAPORE (Aug 6): DBS Group Research is still clinging on to the hope of a merger between Keppel’s offshore & marine arm and Sembcorp Marine despite the spinoff not happening in last year’s strategy review. In a Monday report, analyst Ho Pei Hwa says the potential spinoff of its marine arm ...

SINGAPORE (July 23): To stay relevant, Sembcorp Marine is transforming itself to take on large scale EPC (engineering, procurement and construction) projects while offering nimble and compact solutions to customers, says CIMB-CGS Securities. It is also scouting for new technology and intellectual pr...

SEMBCORP Marine shares sank on Monday, following its second-quarter results released after trading hours on Friday which saw the group post a net loss of S$55.62 million. This came in lower than street expectations.

Submitted By:  Staff Reporter Case Study:  No The biggest deal is an FPSO contract for Rosebank’s estimated to be worth US$2b. Sembcorp Marine could recover f...

SEMBCORP Marine shares sank on Monday, following its second-quarter results released after trading hours on Friday which saw the group post a net loss of S$55.6m.

Submitted By:  Danielle Isaac Case Study:  No It blamed loss upon the sale of a semi-submersible. Sembcorp Marine is still in the red after a $55.62m loss in the se...

SEMBCORP Marine posted a net loss of S$55.62 million for the second quarter on the realised loss from the sale of a semi-submersible rig and lower overall business volume. This is a reversal from a net profit of S$5.12 million for the corresponding quarter a year ago.

[SINGAPORE] Singaporean rig builder Sembcorp Marine Ltd swung into the red in the second quarter, and cautioned a trend of negative operating profit would continue in the near term as overall business volume remains low.