Global InformationSeatrium information
 | This article relies excessively on references to primary sources. (October 2018) |
 | |
| Company type | Public |
|---|---|
Traded as | SGX: S51 |
| Industry | Offshore, marine & energy |
| Founded | 1963 (as Jurong Shipyard) |
| Headquarters | Singapore |
Key people | Mark Gainsborough (Chairman) Chris Ong Leng Yeow (CEO) |
| Owner | Temasek Holdings |
| Website | seatrium |
Seatrium Limited (SGX: S51) is a Singaporean state-owned company. Formed in 2023, from the merger of Sembcorp Marine and Keppel Offshore & Marine, the company is listed on the Singapore Exchange (SGX).
Sembcorp Marine was a subsidiary of Sembcorp until 2020, when the companies demerged following Sembcorp Marine's poor financial performance. Its stock value has plummeted continuously over the past decade, from SG$4.66 in 2013 to SG$0.13 in 2023. It has earned a reputation as one of the worst-performing companies on the Singapore Exchange.[1][2]
Seatrium's products and services include rigs & floaters, repairs & upgrades, offshore platforms and specialised shipbuilding.[3] It conducts its businesses globally through shipyards in Singapore, Indonesia, the United Kingdom and Brazil.[4]
- ^ Cite error: The named reference
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haltedwas invoked but never defined (see the help page). - ^ "Key Capabilities - Sembcorp Marine Ltd". Retrieved 2016-09-20.
- ^ "Our Global Network Platform - Sembcorp Marine Ltd". Retrieved 2016-09-21.