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Seatrium: Receipt Of Notice Of Termination.
10 Oct 2025 10:39Seatrium Limited received a notice of termination under the contract secured by Sembcorp Marine Rigs & Floaters Ptd Ltd for the construction of a Wind Turbine Installation Vessel, for Maersk Offshore Wind through its affiliate, for deployment at U.S. offshore wind farm, Empire Wind 1 on 9 October 2025. The Contract has a total value of approximately US$475 million, equivalent to about S$610 million. The project is approximately 98.9% completed...
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Source: ShareInvestor Express
