387:, 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
884:
36:
140:
720:
375:
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
402:
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
728:
338:
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.
287:
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.
363:
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,
334:
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.
376:
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
1113:
750:
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415:'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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391:. Between June 11 and July 24, 2020, Sembcorp Industries' share price declined by 11%. In September 2020,
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791:"Temasek steps in to support loss-making Sembcorp Marine in its plan to raise S$ 2.1 billion"
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613:"sembmarine in tie up to develop use of drones 3d printing digital twin - Straits Times Ltd"
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805:"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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438:"SembCorp Industries: Dividend Deferment, Demerger And CEO Succession Draw Attention"
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751:"Project sanctioning to exceed pre-COVID-19 levels from 2022, analyst claims"
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593:"Sembcorp Marine secures $ 490m contract - Singapore Business Review"
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654:"leading the way in singapores maritime sector - Business Times Ltd"
634:"sembcorp marine completes sevan marine deal - offshoreenergytoday"
411:
On 28 February 2023, Sembcorp Marine completed its acquisition of
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Mapletree (Commercial Trust * Industrial Trust * Logistics Trust)
470:"Halted Shares of Sembcorp Marine, Parent in Focus in Singapore"
854:
840:
29:
777:"SPH shares dip below $ 1 after company posts first net loss"
845:
299:. It conducts its businesses globally through shipyards in
372:, additive manufacturing and digital twin technologies.
264:
state-owned company. Formed in 2023, from the merger of
835:
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CapitaLand (Integrated
Commercial Trust * Investment)
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674:"World Largest Crane Vessel - Channel Newsasia Ltd"
515:"Our Global Network Platform - Sembcorp Marine Ltd"
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1114:Multinational companies headquartered in Singapore
819:"Sembcorp Marine is no more, long live Seatrium!"
694:"Leadership Succession at Sembcorp Industries"
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8:
757:. Endeavor Business Media. 21 September 2020
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1109:Companies listed on the Singapore Exchange
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859:
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1134:Singaporean companies established in 1963
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120:Learn how and when to remove this message
933:Frasers Logistics & Commercial Trust
495:"Key Capabilities - Sembcorp Marine Ltd"
463:
461:
459:
324:Keppel Offshore & Marine (2001–2023)
727:. Chief Executive Group. Archived from
424:
56:Please improve this article by adding
403:subsidiaries in Brazil back in 2012.
383:In March 2020, it was announced that
7:
279:Sembcorp Marine was a subsidiary of
1119:Shipbuilding companies of Singapore
721:"What's Wrong with CEO Succession?"
25:
923:Dairy Farm International Holdings
719:Pellet, Jennifer (23 June 2009).
536:Keppel wins contracts worth $ 89m
1104:1963 establishments in Singapore
882:
356:Sembcorp Marine was formed from
34:
283:until 2020, when the companies
272:, the company is listed on the
468:Daga, Anshuman (5 June 2020).
1:
178:Offshore, marine & energy
58:secondary or tertiary sources
1085:correct as of 3 January 2022
998:Singapore Telecommunications
958:Keppel Corp - Keppel DC REIT
948:Jardine Cycle & Carriage
846:Keppel Offshore & Marine
270:Keppel Offshore & Marine
346:Sembcorp Marine (2000–2023)
188:; 61 years ago
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1054:Jardine Strategic Holdings
349:
327:
1082:
137:
1049:Hutchison Port Holdings
407:Seatrium (2023–present)
575:"Corporate milestones"
45:relies excessively on
1044:Golden Agri-Resources
223:Chris Ong Leng Yeow (
1018:Wilmar International
1008:United Overseas Bank
555:businesschina.org.sg
197:(as Jurong Shipyard)
217:Mark Gainsborough (
134:
27:Singaporean company
1129:Singaporean brands
988:Singapore Exchange
983:Singapore Airlines
779:. 14 October 2020.
413:Keppel Corporation
360:Shipyard in 2000.
330:Keppel Corporation
293:offshore platforms
274:Singapore Exchange
1091:
1090:
938:Genting Singapore
913:City Developments
755:Offshore Magazine
615:. 9 November 2017
474:Offshore Engineer
397:COVID-19 pandemic
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16:(Redirected from
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1124:Temasek Holdings
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821:. 27 April 2023.
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295:and specialised
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258:Seatrium Limited
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236:Temasek Holdings
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133:Seatrium Limited
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1039:CapitaCom Trust
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841:Sembcorp Marine
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807:. 1 March 2023.
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725:Chief Executive
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700:. 16 March 2020
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51:primary sources
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18:Sembcorp Marine
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793:. 9 June 2020.
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444:. 27 July 2020
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918:ComfortDelGro
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892:companies of
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731:on 2009-11-05
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442:Seeking Alpha
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71: –
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65:Find sources:
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43:This article
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761:24 September
759:. Retrieved
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735:24 September
733:. Retrieved
729:the original
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704:24 September
702:. Retrieved
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596:. Retrieved
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558:. Retrieved
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518:. Retrieved
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498:. Retrieved
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479:24 September
477:. Retrieved
473:
448:24 September
446:. Retrieved
441:
410:
401:
382:
378:The Sleipnir
374:
362:
355:
341:
337:
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297:shipbuilding
290:
278:
269:
265:
257:
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202:Headquarters
147:Company type
116:
110:October 2018
107:
97:
90:
83:
76:
64:
44:
1059:Noble Group
262:Singaporean
1098:Categories
1034:CapitaLand
679:2019-06-13
659:2019-06-13
639:2016-09-20
619:2019-06-13
598:2019-06-13
560:2015-12-24
520:2016-09-21
500:2016-09-20
419:References
350:See also:
328:See also:
213:Key people
80:newspapers
69:"Seatrium"
47:references
1013:UOL Group
968:OCBC Bank
928:DBS Group
894:Singapore
888:Selected
305:Indonesia
301:Singapore
206:Singapore
159:Traded as
1064:Seatrium
1027:Previous
978:Sembcorp
953:Jardines
890:FTSE STI
836:Seatrium
698:Sembcorp
389:demerged
385:Sembcorp
366:A*Star's
352:Sembcorp
285:demerged
281:Sembcorp
276:(SGX).
247:seatrium
219:Chairman
175:Industry
1074:StarHub
901:Current
319:History
242:Website
191: (
183:Founded
94:scholar
551:"Home"
370:drones
358:Jurong
313:Brazil
307:, the
151:Public
96:
89:
82:
75:
67:
393:Shell
232:Owner
101:JSTOR
87:books
973:SATS
763:2020
737:2020
706:2020
481:2020
450:2020
311:and
268:and
249:.com
193:1963
186:1963
73:news
225:CEO
169:S51
165:SGX
49:to
1100::
753:.
723:.
696:.
577:.
553:.
472:.
458:^
440:.
427:^
399:.
315:.
303:,
167::
60:.
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860:v
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739:.
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117:(
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108:(
98:·
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20:)
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