What's Happening?
Seatrium has secured repair and upgrade contracts worth approximately S$170 million, covering cruise ships, naval vessels, and offshore platforms. The contracts include major docking and repair works for cruise ships from
Carnival Corporation and Royal Caribbean Group, as well as retrofit works for navy vessels and offshore maintenance projects. All works are expected to be completed by the first quarter of 2026.
Why It's Important?
These contracts reinforce Seatrium's position as a leading provider of repair and upgrade services in the maritime industry. The company's ability to attract repeat business from major global operators highlights its engineering capabilities and commitment to quality. This development supports Singapore's status as a premier hub for maritime services and contributes to the region's economic growth.
