During the quarter, the group delivered Brassavola, Singaporeâs first membrane liquefied natural gas (LNG) bunker vessel and completed 67 repairs and upgrades projects.
The group also secured a $400 million committed green revolving loan facility to support business growth in the offshore renewables space. In addition, the group completed the early redemption of its $500 million floating rate bonds due in 2026.
Seatriumâs share consolidation to consolidate 20 shares into one share became effective on May 9.
Shares in Seatrium closed 18 cents higher or 11.69% up at $1.72 on May 27.