$Seatrium (S51.SG)$ Seatrium has announced that its repairs ...
$Seatrium (S51.SG)$ Seatrium has announced that its repairs and upgrades department has secured a series of major contracts worth $350 million, to be completed by the end of 2025. The range of contracts includes upgrades and conversions of floating storage regasification units (FSRU), maintenance and upgrade of a floating production storage and offloading system (FPSO), major remediation work for Chevron Thailand Exploration and Production, and vessel retrofits for long-term partners Carnival Corporation and Royal Caribbean Group. The contracts also involve major repairs of the Hakuryu 5 and series of LNGCs dry docking under the favoured customer contract with Hyundai LNG Shipping of South Korea and a series of naval work for 2024.
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