Seatrium Ltd    Last:1.98    -0.03

Seatrium - Sea of Hopes & Atrium of Surprises (II)

The pause will affect Danish energy firm Orsted?s Revolution Wind and Sunrise Wind projects, Avangrid and Copenhagen Infrastructure Partners? Vineyard Wind 1 project, Dominion Energy?s Coastal Virginia Offshore Wind, and Equinor?s Empire Wind 1 project, according to the statement. Shares in Orsted traded down more than 12 per cent, with Dominion and Equinor also trading lower. Seatrium not affected.

FATABA      ( Date: 23-Dec-2025 08:53) Posted:   US freezes five big offshore wind projects, shares dive/Orsted one of them. If not wrong ...Seatrium is involved in one of this or more ?  Kep OM was also in this or completed.  Let see any update coming up . DYODD

 

  US freezes five big offshore wind projects, shares dive/Orsted one of them.

If not wrong ...Seatrium is involved in one of this or more ?  Kep OM was also in this or completed. 
Let see any update coming up .
DYODD

 

The situation on the Maersk contract has not reverted to the pre-dispute announcement positon, because a) Seatrium made concessions to get to the resolution, and b) the dispute raises questions as to whether there are other hidden landmines. This needs to be weighed against the upside from the new contracts. What the balance is, everyone needs to make their own minds up.

 

Stock went from $2.40+ to $2.05 since Oct after the Maersk announcement back in Oct so theoretically, the stock should revert to those levels and higher since they won two other new contracts over the last 2 months which clearly have not been priced in the stock.

 

Simple. Just double the CEO' s annual pay from $4mil to $8mil and we will see $4 in no time at time. But have to wait til next AGM to approve that.

GreenSprout      ( Date: 22-Dec-2025 20:05) Posted: Holding to this is no fun ... what does it take to rocket...

 

Holding to this is no fun ... what does it take to rocket...

 

slow and steady...climbing..huat ahhh

haizzz      ( Date: 22-Dec-2025 10:40) Posted: when Maersk sued, the share dived from top of building. Now case resolved, use staircase to climb up???

 

Absolutely! See the price climbed by almost 4%. No point speculating the impact.... just look at the share price fly. This is just the start only. More to come. Happy Holidays.

haizzz      ( Date: 22-Dec-2025 10:40) Posted: when Maersk sued, the share dived from top of building. Now case resolved, use staircase to climb up???

 

more like crawling a horizontal slippery, slimly ground..

 

when Maersk sued, the share dived from top of building. Now case resolved, use staircase to climb up???

 

各 退 一 步 。

Joyoftheworld      ( Date: 22-Dec-2025 09:48) Posted: Wrong. Maersk' s subsidiary got what they want. A US$20mil discount and vendor financing for US$250mil.  The original purhase price is $475mil. Maerslk paid 20% at the start. The remaining 80% of US$380mil is payable at delivery. Sinktrium gave a $20mil discount, so $360mil paybale. It seems that Maersk (the parent co.) is willing to let the subsidiary go bankrupt instead of topping up cash. In essence, the subsidiary don' t have enough money to pay up the full amount. Therefore, Sinkttrium have to give them $250mil of financing payable over 10 long years at likely low interest. The plus for Sinktrium is they receive US$110mil (likely all the cash Maersk' s subsidiary has right now) and don' t have to make immediate loss provision. ysh2006      ( Date: 22-Dec-2025 08:55) Posted: First payment 350M USD, than installament 10 years the rest of payment those money deduct from operating profit from the rig .....so Seatrium won' t sue the buyer loh....

 

Wrong. Maersk' s subsidiary got what they want. A US$20mil discount and vendor financing for US$250mil. 

The original purhase price is $475mil. Maerslk paid 20% at the start. The remaining 80% of US$380mil is payable at delivery.

Sinktrium gave a $20mil discount, so $360mil paybale. It seems that Maersk (the parent co.) is willing to let the subsidiary go bankrupt instead of topping up cash. In essence, the subsidiary don' t have enough money to pay up the full amount.

Therefore, Sinkttrium have to give them $250mil of financing payable over 10 long years at likely low interest.

The plus for Sinktrium is they receive US$110mil (likely all the cash Maersk' s subsidiary has right now) and don' t have to make immediate loss provision.

ysh2006      ( Date: 22-Dec-2025 08:55) Posted: First payment 350M USD, than installament 10 years the rest of payment those money deduct from operating profit from the rig .....so Seatrium won' t sue the buyer loh....

 

One legacy nonsense at least removed in the near term.  Another is the Operations Car Wash aribtration by Keppel.   

Seatrium removing these landmines.  Hopefully, these will be the last of the nonsense/

 

Coupled with good news,
this one will go beyond 2.60 
this time !
 

CheongArgh      ( Date: 22-Dec-2025 09:41) Posted: Santa claus rally started ?   Caesar      ( Date: 22-Dec-2025 09:38) Posted: Nice Christmas present. Thanks

 

Santa claus rally started ?
 

Caesar      ( Date: 22-Dec-2025 09:38) Posted: Nice Christmas present. Thanks! War3craft2003      ( Date: 22-Dec-2025 07:42) Posted: Seatrium Limited - Parties Will Withdraw and Discontinue All Legal Proceedings

 

Nice Christmas present. Thanks!

War3craft2003      ( Date: 22-Dec-2025 07:42) Posted: Seatrium Limited - Parties Will Withdraw and Discontinue All Legal Proceedings

 

First payment 350M USD, than installament 10 years the rest of payment those money deduct from operating profit from the rig .....so Seatrium won' t sue the buyer loh.... 

 

Seatrium becomes banker for the deal

SmallSmall      ( Date: 22-Dec-2025 07:59) Posted: RESOLUTION OF DISPUTE WITH MAERSK&rsquo S AFFILIATE, PHOENIX II A/S

 

Good news! Waiting for it to cheong 10cents today.

SmallSmall      ( Date: 22-Dec-2025 07:59) Posted: RESOLUTION OF DISPUTE WITH MAERSK&rsquo S AFFILIATE, PHOENIX II A/S

 

RESOLUTION OF DISPUTE WITH MAERSK&rsquo S AFFILIATE, PHOENIX II A/S