1. A four-prong strategy
First off, Seatrium’s strategy is to ride industry tailwinds and identify long-term energy megatrends that will enable it to sustainably grow its business. There are four pillars which the group is targeting – oil and gas, offshore wind, repairs and upgrades (R&U), and CCS (carbon capture storage) & new energies. Seatrium has a strong record of more than 1,300 successful deliveries with a delivery model that emphasizes global...Seatrium Limited (SGX: S51) may have reported a downbeat set of earnings for 2023, but the blue-chip group is looking at the future rather than the past.
As a recap, Seatrium was formed from the merger of Sembcorp Marine and the offshore and marine division of Keppel Ltd (SGX: BN4).
The manufacturer of sustainable offshore and energy solutions such as oil rigs and ships released its Investor Day 2024 slides.
The group is targeting to achieve profitable and resilient growth over the next five years.
Here are several highlights from Seatrium’s inaugural Investor Day.
