Seatrium, previously known as Sembcorp Marine and renamed as Seatrium following its merger with Keppel Offshore & Marine, revealed the new contract in a statement on Tuesday.
The company only said it won repair contracts for three LNG carriers without providing further details.
LNG Prime invited Seatrium to comment on the new awards, but we did not receive a reply by the time this article was published.
Seatrium won in total S$100 million ($76 million) in repair and upgrade projects from various long-standing partners and regular customers.
The contracts include carbon capture and storage (CCS) retrofits, major repairs on yachts, cruise ships, LNG carriers, offshore vessels, tankers, as well as damage repairs.
Seatrium said these projects will be completed by the first quarter of 2025.
Most recently, Seatrium secured a contract from Greek shipping giant Angelicoussis Group to refit the latter’s LNG carriers, tankers, and bulk carriers.
The contract includes refitting 10 to 15 vessels per year, comprising LNG carriers, tankers, and bulk carriers.
Prior to this deal, Seatrium secured a contract in May from South Korea’s Hyundai LNG Shipping to repair and upgrade the latter’s LNG carriers.
In March, Seatrium secured a contract from Türkiye’s Karpowership to convert three LNG carriers into floating storage and regasification units.
The conversion deal includes an option for a fourth LNG carrier.
Earlier this year, Seatrium also renewed its long-term favored customer contract with units of Greece’s LNG shipping firm GasLog and UK-based LNG giant Shell.
Under the deal, Seatrium will provide ship repairs, refurbishment, and upgrading for their LNG carriers from 2024 to 2029, with an option for further renewal.
