Seatrium reports net order book of S$25.8B in 1QFY2024; S$11.4B in order year-to-date

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Seatrium reports net order book of S$25.8B in 1QFY2024; S$11.4B in order year-to-date
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Seatrium also aims to pursue new business opportunities, expand its pipeline, and secure lucrative order wins

SINGAPORE: Seatrium Limited, a global provider of engineering solutions to the offshore, marine, and energy industries, reported a net book order of S$25.8 billion in its business update for the first quarter of 2024.In its latest business update for 1QFY2024, Seatrium outlined its strategic roadmap for FY2024, focusing on improving financial performance.

The company’s strong year–to–date performance also includes a notable new order of over $11.4 billion. Leveraging our worldwide engineering, procurement and project management expertise in close collaboration with our customers, we will create quality assets with the highest safety standards and a lower carbon footprint, shaping the industry for a greener future,” expressed Mr Chris Ong, CEO of Seatrium when the company announced the Petrobras project on May 25.

Brassavola uses dual-fuel engines, allowing the vessel to run on marine LNG for cleaner and lower-carbon operation.

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