Seatrium Wins 170 Million Singapore Dollars In Vessel Repair And Upgrade Contracts

SGX Filings

Oct 28

Seatrium Limited announced on Oct, 28 2025 that it has secured a series of repair and upgrade contracts with a total value of about 170 million Singapore dollars.

The contracts cover cruise, leisure and naval vessels, with all work scheduled for completion by the first quarter of 2026.

Projects include a mega-yacht upgrade from the Middle East; major docking and repair work on cruise ships Discovery Princess, Crown Princess, Silver Moon and Le Soleal; retrofit work on three navy vessels; offshore repairs for a drillship and pipelayer vessels for McDermott; decommissioning work on a floating production storage and offloading unit; repairs on three LNG carriers, three tankers and a wind-turbine installation vessel; and overhaul of two power-station vessels, Karadeniz Powership Mehmet Bey and Karadeniz Powership Fatmagul Sultan.

Executive Vice President, Repairs and Upgrades, Alvin Gan said the projects will draw on the company’s engineering expertise, operational capabilities and focus on safety and sustainability.

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