The shipbuilding company Seatrium has signed several orders for repairs and modernisation. The order book includes retrofits for the storage and capture of CO2 as well as major conversions on a mega yacht.
The total value of the orders, which have been received from several long-standing customers, amounts to S$100m – the equivalent of around €70m. The projects are expected to be completed by the first quarter of 2025.
Various orders for Seatrium
The Singapore-based shipbuilding company is carrying out two orders in the area of carbon capture and storage (CCS): The ethylene tanker “Clipper Eris” from Solvang and the “Nexus Victoria” from MOL will be retrofitted with modern technology. Seatrium announced that it is “well positioned” to offer customers low-CO2 and clean solutions.
In addition to the dockings and repairs of the yachts “Paspaley Pearl” (Paspaley Perling Company) and “Le Jacques Cartier” (Compagnie du Ponant), Seatrium was also able to secure a retrofit project for a mega yacht from the Middle East, further increasing its order volume.
In the offshore segment, the company is carrying out three repairs, including on a jack-up platform for COSL and a pipelay vessel for McDermott.
Furthermore, two scheduled maintenance jobs are being carried out on tankers, one of which is sailing for Crowley Alaska. In addition, a “significant order” has been received to replace the steel on a vessel that was damaged in a collision.
Seatrium is also carrying out repairs on five other vessels, including two LNG carriers, three container ships and a roll-on/roll-off tanker (Roro). In addition, the company has received repair orders for three LNG tankers and steelwork for a floating dock.
With this order book, Seatrium believes it is “well positioned to play a pioneering role with innovative solutions”. The aim is to position Singapore firmly at the forefront of the maritime sector and contribute to a sustainable maritime future.
