Seatrium Ltd, a prominent player in the marine engineering and offshore solutions sector, has been making significant strides in the global market. Headquartered in Singapore, this company, which operates under the umbrella of Sembcorp Industries Ltd., has a rich history dating back to its founding in 1963. Originally known as Jurong Shipyard Ltd, it underwent a name change to Sembcorp Marine Ltd in 2000 before adopting its current name, Seatrium Ltd.
Operating on the Singapore Exchange, Seatrium Ltd has established itself as a leader in the provision of comprehensive marine engineering solutions. The company’s expertise spans a wide array of services, including turnkey design, engineering, procurement, construction, and commissioning of various offshore structures. These include newbuildings, conversions, Floating Storage and Offloading units (FSOs), Floating Production Storage and Offloading units (FPSOs), Floating, Drilling, Production, and Storage units (FDPSOs), Floating Production Units (FPUs), Mobile Offshore Production Units (MOPUs), gas terminals, Floating Liquefied Natural Gas units (FLNGs), Floating Storage Regasification Units (FSRUs), jack-ups, semi-submersibles, drill ships, Single Point Mooring solutions (SPMs), Tension Leg Platforms (TLPs), and Spar platforms.
Beyond these core offerings, Seatrium Ltd provides a suite of specialized services that cater to the diverse needs of the marine industry. These services encompass afloat and emergency repair, underwater cleaning and repair, main engine maintenance and repair, and steel and pipe work. The company also excels in electrical and instrumentation repair, mechanical and motor rewind repair, tank cleaning, sludge and oily waste disposal, staging work, hydro jetting, and hydro/vacuum blasting. Additionally, Seatrium Ltd offers riding crew and voyage repair, specialized workshop repair and reconditioning, vessel towage, port clearance arrangement, specialist service and navigation, automation, safety, and fire protection services.
Seatrium Ltd’s innovative approach extends to the design and construction of sophisticated, specialized vessels. These include gas value chain vessels, ferries, Roll-on/Roll-off Passenger ships (RoPax), cruise ships, renewable energy vessels, offshore support vessels, naval support and security vessels, and research and scientific survey vessels. This diverse portfolio underscores the company’s commitment to advancing marine technology and supporting the evolving needs of the global maritime industry.
Financially, Seatrium Ltd has demonstrated resilience and growth potential. As of October 16, 2025, the company’s close price stood at SGD 2.06, with a 52-week high of SGD 2.6 and a low of SGD 1.62. The company boasts a market capitalization of SGD 8.36 billion, reflecting its substantial presence in the industrials sector. Despite a high price-to-earnings ratio of 31.46, Seatrium Ltd’s strategic initiatives and robust service offerings position it well for future growth.
In summary, Seatrium Ltd continues to be a formidable force in the marine engineering and offshore solutions industry. With its extensive range of services, innovative vessel designs, and strong financial foundation, the company is well-equipped to navigate the challenges and opportunities of the global maritime landscape.




