SINGAPORE (Mar 9): Oil prices suffered the greatest price collapse since 1991 after Saudi Arabia ignited a price war with Russia following the latter’s refusal to join production cuts with OPEC.  Shortly after the opening bell, the international benchmark Brent crude, plunged from US$45 a barrel...

Submitted By:  Danielle Isaac Case Study:  No But it also sees improvement in order visibility and prospects in other sectors. Sembcorp Marine’s headaches are...

SINGAPORE (Feb 24): Analysts remain conservative in their calls for Sembcorp Industries, following the release of its FY2019 results on Feb 21. The group plunged into the red, after posting losses of $15 million in 4QFY2019, from earnings of $106 million for the corresponding quarter in the previou...

AN individual in Brazil connected to the consultants engaged by Sembcorp Marine's (SembMarine) subsidiaries has been found guilty of corruption, money laundering and participation in a criminal organisation.

Submitted By:  Clarist Zablan Case Study:  No He was connected to a consultant engaged by its subsidiaries on contracts with Sete Brasil. Sembcorp Marine’s (S...

SINGAPORE (Feb 21): Sembcorp Marine’s (Sembmarine) wider-than-expected loss in FY2019 ended Dec 31, coupled with an expectation of further losses this year, have prompted analysts to turn more cautious. RHB Securities has now forecast a FY20 net loss of $48 million, compared to its previous forec...

AN individual connected to the consultants engaged by Sembcorp Marine’s (SembMarine) subsidiaries has been found guilty of corruption, money laundering and participation in a criminal organisation.

SEMBCORP Marine reported another dismal quarter on Thursday but management remained hopeful of brighter profspects ahead even as it foresees continuing losses into 2020.

Submitted By:  Clarist Zablan Case Study:  No An accelerated depreciation for Tanjong Kling Yard was partly blamed for its loss. Sembcorp Marine's (Sembmarine) ...

SINGAPORE (Feb 20): Sembcorp Marine, the engineering solutions provider to the global offshore, marine and energy industries, reported a net loss of $77.7 million for 4QFY2019 ended December, compared to earnings of $5.9 million a year ago.  This widened the group’s losses for FY2019 to $137.2 m...