Seatrium Completes Karimun Yard Sale
10, March 2026
Seatrium completed the S$22 million sale of its Karimun Island yard in Indonesia, consolidating operations at Batam as part of a wider non-core asset divestment plan.
Seatrium
Seatrium Wins FSRU Conversion Contract From Karpowership
9, March 2026
Seatrium has won a new FSRU conversion contract from Karpowership, with work on LNGT Karadeniz scheduled to begin in the third quarter of 2026.
Seatrium Delivers Next-Generation WTIV to Maersk Offshore Wind
27, February 2026
Seatrium has delivered a next-generation WTIV to Maersk Offshore Wind. The vessel targets 15+ MW turbines, carries a 1,900-tonne crane, and is set to sail in March 2026 for the Empire Wind assignment off New York.
Seatrium Accelerates Asset Sales to Cut Costs
23, February 2026
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 Closes $51.2m Sale of Texas AmFELS Yard to Karpowership Affiliate
3, February 2026
Seatrium completes the S$65 million ($51.2m) sale of its Brownsville, Texas AmFELS yard to a Karpowership-related party, shifting its U.S. focus to engineering and technology support.
Seatrium lifts 2025 orderbook above $3bn
12, December 2025
Seatrium and GE Vernova have secured TenneT’s BalWin5 2.2 GW offshore grid connection in Germany, lifting Seatrium’s 2025 orders above S$4 billion (US$3.08 billion) with commissioning planned in 2032.
Seatrium wins repeat Kingdom 4 jack-up contract
11, December 2025
Seatrium Offshore Technology has secured a repeat contract from International Maritime Industries for Kingdom 4, a LeTourneau Super 116E Class jack-up rig, deepening offshore drilling cooperation in the Kingdom.
Seatrium–Maersk WTIV Dispute Moves into London Arbitration
1, December 2025
Seatrium unit SEI and Maersk affiliate PHOENIX II A/S have entered London arbitration over a cancelled $475 million WTIV for Empire Wind 1, with SEI seeking rulings on wrongful termination and contract validity.
Seatrium Secures Second Deepwater FPU Contract with BP
26, November 2025
Seatrium secures its second deepwater FPU contract from BP for the Tiber Floating Production Unit (FPU) project, marking a continued partnership between the two companies in the Gulf of America.
