Seatrium Ltd
5E2: XSES (SGP)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|#m | LOCK|%j | LOCK|f<$gV%k |
Seatrium: Contract Termination Unlikely to Affect Long-Term Outlook; Valuation Unchanged
Seatrium has received a notice of termination from Maersk Offshore Wind for the construction of a Wind Turbine Installation Vessel intended for deployment at the US offshore wind farm, Empire Wind 1. The project, valued at SGD 610 million, is approximately 98.9% complete.
