VESSELS & SHIPYARDS

Sembcorp Marine acquires Norwegian naval architect

10 years ago

Sembcorp Marine has entered into a sale and purchase agreement with its existing shareholders to acquire a 100% equity stake in the Norwegian naval architect, LMG Marin AS (LMG) for US$20 million.

LMG's extensive design and engineering portfolio spans everything from floating structures to LNG carriers

Sembcorp Marine has entered into a sale and purchase agreement with its existing shareholders to acquire a 100% equity stake in the Norwegian naval architect, LMG Marin AS (LMG) for US$20 million.