Finance

Seatrium to stump up $68 million more to settle historic rig-building contractual dispute

Total to be paid following arbitral loss with Akastor now tops $175 million

Akastor chief executive Karl Erik Kjelstad.
Akastor chief executive Karl Erik Kjelstad.Photo: AKASTOR
Asia Bureau ChiefSingapore
Published 21 May 2024, 06:09Updated 22 May 2024, 02:51
SeatriumAkastorJurong ShipyardMHWirthSingapore