Sembcorp Marine avoids Singapore Stock Exchange watch-list

Market capitalisation saves offshore and marine contractor despite three consecutive years of pre-tax losses

Heavy lift: the topsides for Shell's Vito project in the US Gulf of Mexico being lowered onto the hull by goliath cranes at Sembcorp Marine's Tuas Boulevard Yard, Singapore in October 2021
Heavy lift: the topsides for Shell's Vito project in the US Gulf of Mexico being lowered onto the hull by goliath cranes at Sembcorp Marine's Tuas Boulevard Yard, Singapore in October 2021Photo: SEMBCORP MARINE
Published 30 March 2022, 03:06Updated 30 March 2022, 12:47