Kathy
in Memos & Musings · 2 min read
The team at The Joyful Investors had the opportunity to visit Seatrium’s mega yard at Tuas South Boulevard recently—hosted by CFO Dr. Stephen L., VP Winston Cheng and the Investor Relations and Corporate Communications team.
It was an insightful experience to be able to witness the group’s engineering expertise and end-to-end capabilities across the offshore, marine, and energy sectors.
Formed in 2023 through the merger of Sembcorp Marine and Keppel Offshore & Marine, Seatrium is now one of Singapore’s most closely watched stocks.
The company has till date, delivered over 1,300 projects and maintains strong ties with both new and returning customers. The One Seatrium Delivery Model enables seamless project execution across engineering hubs in Singapore, Brazil, the US, China, and the Middle East.
Seatrium has also turned its first full-year profit in seven years. With a record S$21.3 billion orderbook and backing from Temasek (35.8% stake), Seatrium offers strong revenue visibility into the next decade and we look forward to more exciting times ahead for them.
Lastly, we wish to say a big thank you to the Seatrium team for the warm hospitality and thoughtful preparation that made the visit memorable. Special mention also goes to Rachel and Xiaorong from SEC Newgate Singapore for the good coordination. Enjoy the rest of the photos below by Seatrium below:
Fully suited up and safety-first — a clear reflection of the strong safety culture ingrained in their daily operations.
The yard tour was an eye-opener for the visitors to get a first hand look at what happens behind the scenes.
Group photo taken before the yard tour
Photo taken with Seatrium CFO Dr. Stephen L. and the coaches at The Joyful Investors
Photo taken with Dan Chang from PhillipCapital and Seatrium CFO Dr. Stephen L.
Coach Kathy at the reception of Seatrium Corporate Office
About Kathy
Co-Founder of The Joyful Investors and Co-CIO of InvestingNote Portfolio. I graduated with a degree in Economics in National University of Singapore (NUS). My previous experience with traders at the Merrill Lynch enable me to realize many counter-intuitive truths about how the financial markets work and to uncover the challenges faced by many new investors. Investing can be astoundingly simple, and my goal is to make financial education accessible and easy to understand for everyone.
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The information provided regarding any individual securities is not intended to be used to form any basis upon which an investment decision is to be made. The information contained in this document, including any data, projections and underlying assumptions are based upon certain assumptions and analysis of information available as at the date of this document and reflects prevailing conditions, all of which are accordingly subject to change at any time without notice and The Joyful Investors is under no obligation to notify you of any of these changes.
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