Singapore, February 5, 2026, 15:41 (SGT) — Regular session
- Seatrium shares slipped roughly 1% in afternoon trading, settling at S$2.07.
- The company fixed a typo regarding the completion date of its AmFELS Yard divestment.
- Investors are turning their attention to the FY2025 results due Feb. 26, seeking clues on cash flow and margins.
Seatrium Limited’s shares edged lower on Thursday afternoon, falling 0.96% to S$2.07 by 3:08 p.m. Singapore time.
The stock drew attention following a correction to a recent exchange disclosure about its AmFELS Yard sale. Seatrium clarified the deal closed on Jan. 30, 2026, correcting a previous typo that listed the year as 2025.
Investors are gearing up ahead of Seatrium’s full-year results. The company will report its FY2025 figures on Feb. 26, before markets open, according to a Singapore Exchange notice.
Seatrium hovered between S$2.07 and S$2.09 throughout the day, according to Investing.com data. The Straits Times Index edged up roughly 0.1%, while oil prices dipped, factors that often influence offshore and marine stocks linked to energy investment.
The AmFELS sale was finalized in September for S$65 million, with S$50 million of the payment deferred—cash to be received one year after closing. Seatrium plans to maintain a strategic U.S. footprint through its technology centers and offices. CEO Chris Ong commented, “We have a strong and longstanding relationship with Karpowership, and are pleased to entrust the yard”.
Some traders see the asset sale as routine balance-sheet cleanup. Others hold back, watching for the numbers: how the divestment impacts working capital, and if new orders are beginning to translate into cash.
Execution and legal risks remain a concern. In January, Seatrium revealed that its unit Seatrium New Energy and partner Aibel had launched arbitration over the DolWin 5 offshore converter platform project. The claims total roughly 180 million euros and 113 million euros, but the company hasn’t been able to gauge the financial fallout yet.
Seatrium wrapped up a separate dispute in December with Denmark’s Maersk over a $475 million offshore wind vessel contract. According to Reuters at the time, Maersk agreed to pay the remaining $360 million.
Given that history, the Feb. 26 release carries weight beyond a typical earnings report. Investors will zero in on updates about project milestones, cash flow, and progress on outstanding disputes, rather than focusing solely on revenue figures.
Seatrium’s FY2025 results webcast is locked in for 11:00 a.m. Singapore time (GMT+8) on Feb. 26.
