
Seatrium Accelerates Asset Sales to Cut Costs
Seatrium is progressing asset divestments including 17 tugboats sold for S$104m, the Can-Do 2 dock for S$16.9m, and the Karimun Yard for S$22m, targeting early-2026 completion.

Seatrium is progressing asset divestments including 17 tugboats sold for S$104m, the Can-Do 2 dock for S$16.9m, and the Karimun Yard for S$22m, targeting early-2026 completion.

bp agreed to sell 65% of Castrol to Stonepeak at a $10.1 billion enterprise value, targeting about $6.0 billion net proceeds to reduce net debt ahead of end-2027 targets.

Lukoil has accepted Gunvor’s offer to buy its international unit, Lukoil International, after sanctions triggered its divestment process.
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