https://seatrium.listedcompany.com/news.html/id/2514748

Seatrium Limited has successfully secured multiple contracts worth S$100 million for a range of vessel repairs, retrofits, and upgrades. These agreements, obtained from longstanding partners and clients, are expected to be completed by the first quarter of 2025, reinforcing Seatrium’s standing as a leader in vessel repair, upgrade, and conversion services.

Key projects include two Carbon Capture and Storage (CCS) retrofits for Solvang ASA’s Clipper Eris and MOL’s Nexus Victoria, scheduled for November and December 2024, respectively. These retrofits highlight Seatrium’s commitment to maritime decarbonization by providing cutting-edge solutions to reduce emissions.

Additionally, Seatrium will carry out repairs on a mega yacht from the Middle East, alongside maintenance work on the Paspaley Pearl and Le Jacques Cartier from Compagnie du Ponant. Offshore refit contracts include a jack-up rig for COSL Protector Pte Ltd and a pipelay vessel for McDermott.

Seatrium will also conduct scheduled maintenance and damage repairs on tankers, LNG carriers, container ships, and roll-on/roll-off carriers. The scope of work includes significant steel renewal projects, notably for a vessel damaged in a collision. The projects collectively reflect Seatrium’s diverse capabilities and leadership in delivering comprehensive maritime solutions.