385:, the then-parent company of Sembcorp Marine, was replacing their CEO, an action which is often taken due to adverse events, and can have negative effects on a company's performance and valuation. Sembcorp failed to declare an interim dividend for 1H 2020 (as is usual practice), instead choosing to defer any decision regarding payment of dividends for the fiscal year 2020 until the end of the year. In June of the same year, trading was halted for Sembcorp as well as Sembcorp Marine (the latter of which had its shares decline by 36% in 2020). Representatives from both companies declined to comment. The companies were subsequently
882:
36:
140:
718:
373:
On 5 September 2018, Sembcorp Marine acquired the intellectual property of Sevan Marine, specialized marine engineering and design house. Its acquisition consisted of interests and titles to all of Sevan Marine ASA’S intellectual property, and 95% of shares of HiLoad LNG AS, for a cash consideration
400:
On 8 June 2020, it was reported that
Temasek stepped in to support Sembcorp Marine's $ 1.5 billion rights issue Sembcorp Marine has also been involved in corruption probes in Brazil. The charges were in connection with certain drilling rig construction contracts entered into by Sembcorp Marine's
726:
336:
In 2015, Keppel
Shipyard got a secured floating Production storage and Offloading conversion project worth of $ 89 million. The project includes repair, upgrade and modification. FPSO Conversion has already started and it is going to be completed in third quarter of 2016.
285:
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.
361:
In
October 2017, Sembcorp Marine won a $ 490m contract for the construction of a new floating production storage and offloading hull and living quarters with Statoil Petroleum AS. In November of the same year, it announced a collaboration with DNV GL,
332:
In 2001, Keppel privatised its offshore and marine business which resulted in the integration of Keppel
Shipyard together with Keppel FELS and Keppel Singmarine to form the Keppel Offshore & Marine group in 2002.
374:
of $ 39 million. In April 2019, Semborp Marine was given the
Offshore & Marine Engineering Award in the Singapore International Maritime Centre Awards 2019, and in May of the same year, Sembcorp Marine revealed
1111:
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413:'s Offshore & Marine division for $ 3.34 billion. Subsequently, on 27 April 2023, Sembcorp Marine's shareholders approved the company's name change to Seatrium.
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postponed a major contract to
Sembcorp Marine for an oil rig in the US Gulf of Mexico to 2021, citing economic uncertainty caused by the
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They were the recipients of the
Business China Enterprise Award in 2015, for their contributions to China-Singapore business relations.
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Singapore
Institute of Manufacturing Technology and the National Additive Manufacturing Innovation Cluster to develop
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389:. Between June 11 and July 24, 2020, Sembcorp Industries' share price declined by 11%. In September 2020,
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789:"Temasek steps in to support loss-making Sembcorp Marine in its plan to raise S$ 2.1 billion"
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920:
611:"sembmarine in tie up to develop use of drones 3d printing digital twin - Straits Times Ltd"
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17:
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803:"Done deal!: Sembcorp Marine acquires Keppel Offshore & Marine for $ 3.34 billion"
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Seatrium's products and services include rigs & floaters, repairs & upgrades,
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436:"SembCorp Industries: Dividend Deferment, Demerger And CEO Succession Draw Attention"
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749:"Project sanctioning to exceed pre-COVID-19 levels from 2022, analyst claims"
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378:¸ the world's largest crane vessel (which cost around US$ 1.5 billion).
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591:"Sembcorp Marine secures $ 490m contract - Singapore Business Review"
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652:"leading the way in singapores maritime sector - Business Times Ltd"
632:"sembcorp marine completes sevan marine deal - offshoreenergytoday"
409:
On 28 February 2023, Sembcorp Marine completed its acquisition of
961:
Mapletree (Commercial Trust * Industrial Trust * Logistics Trust)
468:"Halted Shares of Sembcorp Marine, Parent in Focus in Singapore"
852:
838:
29:
775:"SPH shares dip below $ 1 after company posts first net loss"
843:
297:. It conducts its businesses globally through shipyards in
370:, additive manufacturing and digital twin technologies.
262:
state-owned company. Formed in 2023, from the merger of
833:
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CapitaLand (Integrated
Commercial Trust * Investment)
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672:"World Largest Crane Vessel - Channel Newsasia Ltd"
513:"Our Global Network Platform - Sembcorp Marine Ltd"
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1112:Multinational companies headquartered in Singapore
817:"Sembcorp Marine is no more, long live Seatrium!"
692:"Leadership Succession at Sembcorp Industries"
864:
8:
755:. Endeavor Business Media. 21 September 2020
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1107:Companies listed on the Singapore Exchange
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857:
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1132:Singaporean companies established in 1963
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428:
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120:Learn how and when to remove this message
931:Frasers Logistics & Commercial Trust
493:"Key Capabilities - Sembcorp Marine Ltd"
461:
459:
457:
322:Keppel Offshore & Marine (2001–2023)
725:. Chief Executive Group. Archived from
422:
56:Please improve this article by adding
401:subsidiaries in Brazil back in 2012.
381:In March 2020, it was announced that
7:
277:Sembcorp Marine was a subsidiary of
1117:Shipbuilding companies of Singapore
719:"What's Wrong with CEO Succession?"
25:
921:Dairy Farm International Holdings
717:Pellet, Jennifer (23 June 2009).
534:Keppel wins contracts worth $ 89m
1102:1963 establishments in Singapore
880:
354:Sembcorp Marine was formed from
34:
281:until 2020, when the companies
270:, the company is listed on the
466:Daga, Anshuman (5 June 2020).
1:
178:Offshore, marine & energy
58:secondary or tertiary sources
1083:correct as of 3 January 2022
996:Singapore Telecommunications
956:Keppel Corp - Keppel DC REIT
946:Jardine Cycle & Carriage
844:Keppel Offshore & Marine
268:Keppel Offshore & Marine
18:Keppel Offshore & Marine
344:Sembcorp Marine (2000–2023)
188:; 61 years ago
1148:
1052:Jardine Strategic Holdings
347:
325:
1080:
137:
1047:Hutchison Port Holdings
405:Seatrium (2023–present)
573:"Corporate milestones"
45:relies excessively on
1042:Golden Agri-Resources
221:Chris Ong Leng Yeow (
1016:Wilmar International
1006:United Overseas Bank
553:businesschina.org.sg
197:(as Jurong Shipyard)
215:Mark Gainsborough (
134:
27:Singaporean company
1127:Singaporean brands
986:Singapore Exchange
981:Singapore Airlines
777:. 14 October 2020.
411:Keppel Corporation
358:Shipyard in 2000.
328:Keppel Corporation
291:offshore platforms
272:Singapore Exchange
1089:
1088:
936:Genting Singapore
911:City Developments
753:Offshore Magazine
613:. 9 November 2017
472:Offshore Engineer
395:COVID-19 pandemic
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16:(Redirected from
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1122:Temasek Holdings
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819:. 27 April 2023.
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537:, 10 August 2015
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293:and specialised
256:Seatrium Limited
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234:Temasek Holdings
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133:Seatrium Limited
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1067:SIA Engineering
1037:CapitaCom Trust
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839:Sembcorp Marine
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805:. 1 March 2023.
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723:Chief Executive
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698:. 16 March 2020
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51:primary sources
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828:External links
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791:. 9 June 2020.
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442:. 27 July 2020
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941:Hongkong Land
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916:ComfortDelGro
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890:companies of
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729:on 2009-11-05
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440:Seeking Alpha
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65:Find sources:
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43:This article
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759:24 September
757:. Retrieved
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733:24 September
731:. Retrieved
727:the original
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702:24 September
700:. Retrieved
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675:. Retrieved
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615:. Retrieved
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594:. Retrieved
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556:. Retrieved
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516:. Retrieved
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496:. Retrieved
487:
477:24 September
475:. Retrieved
471:
446:24 September
444:. Retrieved
439:
408:
399:
380:
376:The Sleipnir
372:
360:
353:
339:
335:
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295:shipbuilding
288:
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267:
263:
255:
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202:Headquarters
147:Company type
116:
110:October 2018
107:
97:
90:
83:
76:
64:
44:
1057:Noble Group
260:Singaporean
1096:Categories
1032:CapitaLand
677:2019-06-13
657:2019-06-13
637:2016-09-20
617:2019-06-13
596:2019-06-13
558:2015-12-24
518:2016-09-21
498:2016-09-20
417:References
348:See also:
326:See also:
211:Key people
80:newspapers
69:"Seatrium"
47:references
1011:UOL Group
966:OCBC Bank
926:DBS Group
892:Singapore
886:Selected
303:Indonesia
299:Singapore
205:Singapore
159:Traded as
1062:Seatrium
1025:Previous
976:Sembcorp
951:Jardines
888:FTSE STI
834:Seatrium
696:Sembcorp
387:demerged
383:Sembcorp
364:A*Star's
350:Sembcorp
283:demerged
279:Sembcorp
274:(SGX).
245:seatrium
217:chairman
175:Industry
1072:StarHub
899:Current
317:History
240:Website
191: (
183:Founded
94:scholar
549:"Home"
368:drones
356:Jurong
311:Brazil
305:, the
151:Public
96:
89:
82:
75:
67:
391:Shell
258:is a
230:Owner
101:JSTOR
87:books
971:SATS
761:2020
735:2020
704:2020
479:2020
448:2020
309:and
266:and
247:.com
193:1963
186:1963
73:news
223:CEO
169:S51
165:SGX
49:to
1098::
751:.
721:.
694:.
575:.
551:.
470:.
456:^
438:.
425:^
397:.
313:.
301:,
167::
60:.
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117:(
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108:(
98:·
91:·
84:·
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54:.
20:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
