SINGAPORE (May 21): Here are some stocks that could move the market this Monday morning: Sembcorp Marine has secured a contract by Sell Offshore to construct and integrate the hull, topsides and living quarters of the Vito semi-submersible Floating Production Unit (FPU). Shares in Sembcorp Marine la...

SEMBCORP Marine has inked a contract with Shell Offshore Inc for work on a floating production unit. 

SEMBCORP Marine (SembMarine) announced on Tuesday evening that chief operating officer (COO) Ong Poh Kwee has left the company some two-and-a-half months shy of three years in his current position, having been appointed COO on July 1, 2015.

THE first newbuild floating storage vessel (FSO) to be delivered from Singapore is due to set sail next month from Sembcorp Marine's Tuas Boulevard Yard for its designated gas field.

SINGAPORE (May 9): Phillip Capital is upgrading its call on Sembcorp Industries to “buy” with a lower target price of $3.83 compared to $3.86 previously due to the higher expected return from the counter’s last closing price of $3.06. The upgrade comes even as Sembcorp’s 1Q18 net profit miss...

SINGAPORE (May 9): US President Donald Trump announced last night in Washington he will withdraw the US from an Obama-era nuclear agreement with Iran. Going against advice from European allies, Trump said he would reimpose economic sanctions that were waived when the deal was signed in 2015. Althoug...

FIRST-QUARTER 2018 core net profit of S$76 million (-34 per cent year-on-year) was below expectations at 20 per cent of our forecast for FY2018, mainly because of Sembcorp Marine's (SMM) losses and wider-than-expected losses in India.

SINGAPORE: Singaporean rig builder Sembcorp Marine on Wednesday (Apr 25) posted an 86 per cent fall in first-quarter profit and signalled a subdued outlook for rig orders. Sembcorp Marine said profit came in at S$5.3 million for the three-month period ended March, compared with S$37 million in the...

SINGAPORE (Apr 26): Here are some stocks that could move the market this Thursday morning: The managers of Frasers Hospitality Trust (FHT) have declared a distribution per stapled security (DPS) of 1.1126 cents for the second quarter ended Mar 2018, down 7.8% from its DPS of 1.2063 cents a year ago ...

THE absence of one-off gains eroded results for Sembcorp Marine (Sembmarine) in its first quarter, despite revenue increasing by some 60 per cent.

THE absence of one-off gains eroded results for Sembcorp Marine (Sembmarine) in its first quarter, despite revenue increasing by some 60 per cent.

SINGAPORE (Apr 25): Sembcorp Marine announced earnings of $5.3 million for the first quarter ended Mar 2018, down from 1Q17 earnings of $37 million, which was restated for accounting changes upon the adoption of SFRS (I) 15. Net profit for the quarter was $5.3 million, compared with the restated $...

SEMBCORP Marine (SembMarine) on Friday announced the appointment of Patrick Daniel as an additional director on the company's board with effect from April 20.

THE senior management of Sembcorp Marine and Sembcorp Industries took voluntary pay cuts of between 10 and 15 per cent in 2017, annual reports showed on Thursday.

SEMBCORP Marine (SembMarine) has seen an uptick in enquiries and invitations to tender from oil companies in recent months, particularly in the offshore production sector, but competition remains strong and margins remain depressed.

SEMBCORP Marine (SembMarine) has seen an uptick in enquiries and invitations to tender from oil companies in recent months, particularly in the offshore production sector, but competition remains strong and margins remain depressed.

A UNIT of mainboard-listed Sembcorp Marine (SembMarine) has secured a contract from TechnipFMC to undertake the engineering, procurement and construction of hull and living quarters for a newbuild floating production, storage and offloading (FPSO) vessel.

SINGAPORE (Mar 28): CIMB is hopeful Sembcorp Marine will be able to secure at least $3 billion in orders in 2018 supported by sizeable production and gas projects. Only this morning, SembMarine announced it had won a contract for shipyard work on Karish FPSO. See: SMM wins EPC contract from TechnipF...

SEMBCORP Marine Rigs & Floaters, a unit of mainboard-listed Sembcorp Marine (SembMarine), has secured a contract from TechnipFMC to undertake the engineering, procurement and construction of hull and living quarters for a newbuild floating production, storage and offloading (FPSO) vessel...

Submitted By:  Danielle Isaac Case Study:  No The vessel could be worth US$1.36b, according to previous calculations. Sembcorp Marine’s subsidiary, Sembcorp M...

SINGAPORE (Mar 28): Here are some stocks that could move the market this Wednesday morning: Mapletree Greater China Commercial Trust (MGCCT) is expanding its property portfolio into Northern Asia. The REIT is acquiring a 98.47% stake in a portfolio of six freehold commercial real estate assets in Ja...

THE following companies saw new developments that may affect trading of their shares on Wednesday:

SINGAPORE (Mar 28): Sembcorp Marine's wholly-owned subsidiary, Sembcorp Marine Rigs & Floater, secured an Engineering, Procurement and Construction (EPC) contract from UK-based energy company TechnipFMC. Under the contract, SembMarine will fabricate and integrate various topside modules as well ...

SINGAPORE (Mar 12): Keppel FELS has won a contract from Awilco Drilling to construct a mid-water semisubmersible drilling rig for harsh environment use, worth about US$425 million ($559 million). This follows Feb 28 on the letter of intent signed by Keppel FELS with Awilco. Keppel FELS is a subsidia...