"The group has commenced arbitration proceedings against various subsidiaries of Sete Brasil to preserve the group's interests under the Sete contracts," SembMarine said in a brief statement on Friday.
The legal action follows Sete's revelation earlier last week that it plans to seek "judicial recovery", as the yard struggles to pay its debts and remains embroiled in the sprawling Car Wash scandal rocking Brazil's energy industry.
"Sembcorp
