SINGAPORE: Singapore's Sembcorp Marine and Dutch firm Heerema Marine Contractors on Thursday (May 23) showed off the world's largest crane vessel that can be used for the setup and decommissioning of offshore oil and gas facilities. The semi-submersible vessel, which cost Heerema about US$1.5 ...

SEMBCORP Marine (SembMarine) on Friday posted a 67.8 per cent fall in net profit for the fiscal first-quarter from a year ago, dragged by lower revenue from its rigs and floaters, and its offshore platform projects.

Submitted By:  Nathanielle Punay Case Study:  No The absence of large scale contracts slashed revenue from offshore platforms to $15m. Sembcorp Marine’s Q1 pr...

LOWER overall business volume which hit the absorption of overhead costs dragged down Sembcorp Marine's (SembMarine) results for the first-quarter ended March 31, 2019. 

SINGAPORE (May 3): Sembcorp Marine reported earnings of $1.7 million for 1Q19 ended March, down 67.8% compared to earnings of $5.3 million a year ago. In 1Q19, group revenue totalled $811 million, down 31.3% from $1.18 billion booked in 1Q18. The decline was largely due to lower revenue from rigs a...

Submitted By:  Nathanielle Punay Case Study:  No Expect muted gains today. The Straits Times Index (STI) ended 4.23 or 0.13% lower at 3,353.47. The top active stock...

SEMBCORP Marine chairman Mohd Hassan Marican at Tuesday's annual general meeting flagged that the company may be approaching the bottom of "a very long downcycle", and recovery could come as soon as later this year or in 2020.

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...