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Seatrium divests AmFELS Yard in Brownsville, Texas, selling the facility to Karpowership affiliate for S$65 million

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.

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