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Seatrium Limited ( (SG:5E2) ) just unveiled an announcement.
Seatrium Limited has secured a contract from Japan-based Penta-Ocean Construction to construct a 5,000-ton fully-revolving Heavy Lift Vessel for the Japanese offshore wind market. This project, marking Seatrium’s entry into the Japanese market, underscores the company’s commitment to innovative solutions and strengthens its position in the renewable energy sector.
More about Seatrium Limited
Seatrium Limited is a company involved in the engineering, procurement, and construction of vessels, particularly focusing on the offshore wind market. The company is known for providing innovative and cost-effective solutions in energy transition projects.
YTD Price Performance: 13.49%
Average Trading Volume: 2,476
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $5.72B
For a thorough assessment of 5E2 stock, go to TipRanks’ Stock Analysis page.
