Finance

Sembcorp Marine spends more than half of $1.1 billion lifeline in just four months

Funds being eaten up by loan repayments and working expenses

At work: Sembcorp Marine employees oversee the floating production, storage and offloading vessel Prof. John Evans Atta Mills at Jurong Shipyard in Singapore in 2016
At work: Sembcorp Marine employees oversee the floating production, storage and offloading vessel Prof. John Evans Atta Mills at Jurong Shipyard in Singapore in 2016Photo: REUTERS/SCANPIX
London
Published 5 January 2022, 01:08Updated 5 January 2022, 16:14
SingaporeSembcorp MarineAsia & OceaniaSoutheast Asia