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Seatrium Limited ( (SG:5E2) ) has issued an announcement.
Seatrium Limited, a leading global offshore, marine and energy engineering group based in Singapore, specialises in the design and construction of rigs, floaters, offshore platforms and specialised vessels, as well as ship repair, upgrading and conversion, with a diversified portfolio that increasingly targets offshore renewables and low‑carbon energy solutions across its international network of yards and technology centres. The company has clarified that the completion date of its divestment of the AmFELS Yard was 30 January 2026, correcting an earlier typographical error that had stated 30 January 2025, a rectification that ensures accurate disclosure around the timing of this asset sale but does not alter the substance of the divestment itself.
The most recent analyst rating on (SG:5E2) stock is a Buy with a S$2.96 price target. To see the full list of analyst forecasts on Seatrium Limited stock, see the SG:5E2 Stock Forecast page.
More about Seatrium Limited
Seatrium Limited is a Singapore-headquartered provider of innovative engineering solutions for the global offshore, marine and energy industries, with more than 60 years of experience in designing and constructing rigs, floaters, offshore platforms and specialised vessels, as well as repairing, upgrading and converting a wide range of ship types. Its core business segments span Oil & Gas Newbuilds and Conversions, Offshore Renewables, Repairs & Upgrades and New Energies, with a growing emphasis on sustainable solutions to support the global energy transition and maritime decarbonisation, and it operates shipyards and technology facilities across Asia, Europe, the Middle East and the Americas, serving major energy companies, vessel owners, shipping firms and cruise and ferry operators.
Average Trading Volume: 9,088,661
Technical Sentiment Signal: Sell
Current Market Cap: S$7.15B
Learn more about 5E2 stock on TipRanks’ Stock Analysis page.