Repair business shines for Sembcorp Marine

Singaporean shipyard group Sembcorp Marine pointed to value growth in its ship repair business as slow rig and platform businesses contributed to a slum in turnover and net profit in 2017.

Strong repair business on cruiseships and LNG carriers could not offset the slowdown in offshore-related business at Sembmarine

Singaporean shipyard group Sembcorp Marine pointed to value growth in its ship repair business as slow rig and platform businesses contributed to a slum in turnover and net profit in 2017.