Seatrium Secures Order Book of SG$24.4 Billion as of Sept. 30

MT Newswires
11 Nov 2024

Seatrium (SGX:S51) secured a net order book of SG$24.4 billion as of Sept. 30, with deliveries till 2031, according to a filing with the Singapore Exchange on Monday.

During the third quarter of the year, the company commenced fabrication works for a 2-gigawatt high-voltage direct current offshore converter platform and set one up at the Sofia Offshore Windfarm in UK.

The Repairs & Upgrades divisions completed 192 repairs and upgrades projects during the January till September period.

The company also signed a letter of intent with Japan-based Penta-Ocean Construction to carry out early engineering work for a 5000-ton heavy lift vessel project.

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