Seatrium Limited ( (SMBMF) ) has released its Q3 earnings. Here is a breakdown of the information Seatrium Limited presented to its investors.
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Seatrium Limited is a Singapore-based company that provides innovative engineering solutions to the global offshore, marine, and energy industries, with a focus on sustainable solutions for energy transition and maritime decarbonisation. In its latest earnings report for the third quarter of 2025, Seatrium Limited showcased a strong performance with a net order book of S$16.6 billion, comprising 24 projects extending through 2031. The company completed significant projects, including the delivery of the WTIV Charybdis and OSS Greater Changhua, and 47 repairs and upgrades projects.
Key financial highlights include the successful divestment of non-core assets for over S$140 million and the securing of new orders from returning customers. The company also made substantial progress in its oil and gas segment, with ongoing FPSO and FPU projects, and anticipates sustained demand driven by global energy consumption. In the offshore wind sector, Seatrium completed major projects and is actively pursuing opportunities in Europe and Asia.
Seatrium’s strategic partnerships have driven higher-value repair and upgrade works, including a new FSRU conversion contract. The company is leveraging its market leadership and strategic partnerships to pursue higher-value activities, particularly in LNG, cruise ships, and naval vessels.
Looking ahead, Seatrium remains focused on converting its robust pipeline into new order wins, with a commitment to delivering profitable growth through series-build projects and continued improvements in productivity and cost efficiencies. The company is on track to achieve its 2028 steady-state financial targets.