SEMBCORP Marine has secured new contracts worth an estimated S$175 million for the design and construction of a liquefied natural gas (LNG) bunker vessel and the repair and modernisation of 13 cruise ships.

SEMBCORP Marine has secured new contracts worth an estimated S$175 million for the design and construction of a liquefied natural gas (LNG) bunker vessel and the repair and modernisation of 13 cruise ships.

Submitted By:  Luz Wendy Noble Case Study:  No It includes repair and modernisation works on 13 cruise ships. Sembcorp Marine (Sembmarine) secured new contracts wor...

SEMBCORP Marine has secured new contracts worth an estimated S$175 million for the design and construction of a liquefied natural gas (LNG) bunker vessel and the repair and modernisation of 13 cruise ships.

SINGAPORE (Feb 21): Analysts believe Sembcorp Marine (SMM) could be on the cusp of a turnaround, after swinging out of the red with earnings of $5.9 million for 4Q18. While the group’s 4Q performance was a long way off its restated 4Q17 earnings of $117.3 million, it had beat expectations of anot...

Submitted By:  Arianna Danganan Case Study:  No Expect muted gains today. The Straits Times Index (STI) ended 18.58 or 0.57% higher at 3,278.38. The top active stoc...

SEMBCORP Marine's fourth-quarter net profit fell 95 per cent to S$5.9 million from S$117.3 million a year ago on continued low business volume, but nonetheless beat the expectations of most analysts, some of whom had projected losses.

SHARES of Sembcorp Marine traded higher on Wednesday despite the offshore engineering group's Q4 profit sharp drop, as analysts say the results beat their expectations. 

Submitted By:  Arianna Danganan Case Study:  No It blamed losses from the $34m sale of a semi-submersible and continued low business volume. Sembcorp Marine’s...

OFFSHORE engineering group Sembcorp Marine's fourth-quarter net profit fell 94.9 per cent to S$5.9 million from S$117.3 million a year ago on continued low overall business volume, impairment of an asset and accelerated depreciation.