SINGAPORE, Feb 2, 2026, 15:38 SGT — Regular session
Shares of Seatrium Limited fell 1.4% to S$2.08 by 3:18 p.m. on Monday. About 9.9 million shares had changed hands, with the stock ranging from S$2.07 to S$2.12. (StockAnalysis)
The stock’s move came against a softer local tape. The Straits Times Index was down 0.7%, while Keppel Corporation fell 2.3% and ST Engineering slid 1.2%, according to Trading Economics. (Trading Economics)
Selling pressure widened across Asia after a sharp drop in precious metals sparked what traders call “risk-off” — a shift away from riskier positions. “It’s risk off and de-leveraging,” said Christopher Forbes, head of Asia and Middle East at CMC Markets. (Reuters)
Oil added to the jittery feel. Brent fell nearly 5% to about $66 a barrel after Donald Trump said Iran was “seriously talking” with Washington, easing fears of a confrontation, while OPEC+ agreed to keep output unchanged for March. Tony Sycamore of IG Group said the market read the shift as “easing the geopolitical risk premium.” (Reuters)
Beyond the day’s macro drag, investors have a calendar item close by. Seatrium said it will release full-year financial results for the year ended Dec. 31, 2025 on Feb. 26 before trading hours. (SGX Links)
The company has also flagged a results webcast for 11:00 a.m. Singapore time on Feb. 26, according to its website. (Seatrium)
A separate overhang sits in the background. In a Jan. 22 statement, Seatrium said its unit Seatrium New Energy Limited and consortium partner Aibel AS filed arbitration proceedings under a 2019 consortium agreement tied to DolWin 5, a 900-megawatt offshore converter platform for TenneT Offshore GmbH in the German sector of the North Sea. The filing said the claims between the parties were around 180 million euros and 113 million euros respectively, with the process to run at the Stockholm Chamber of Commerce’s arbitration institute; Seatrium also said it could not yet determine any financial impact. (SGX Links)
For the Feb. 26 update, traders will be watching for any fresh colour on project execution, cash flow and working capital — the items that tend to move this stock more than broad sector talk. Any comment on the pace of new orders in offshore energy and renewables will also land.
But the downside case is easy to sketch. If the global selloff deepens — or oil and metals keep sliding — money can keep drifting out of cyclicals, and Seatrium could be hit even without company-specific news. A negative surprise on provisions or a sharper-than-expected hit from disputes would not help.
Attention now turns to that Feb. 26 results release and webcast, where investors will look for numbers — and any update on the DolWin 5 arbitration timeline — that can reset expectations for the weeks ahead.
