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Keppel to start arbitration against Seatrium for S$68.4 million related to Brazil’s corruption probe
26 Aug 2025 10:22 GMT
… Operation Car Wash. That year, Keppel Offshore and Marine merged with Seatrium, formerly known …
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Keppel to start arbitration against Seatrium for $68.4 million claim in Brazil corruption case
27 Aug 2025 06:00 GMT
SINGAPORE - Asset manager Keppel is starting arbitration proceedings against Seatrium for a $68.4 million claim related to Brazil’s corruption crackdown, Operation Car Wash.
In 2022, Seatrium had made provisions of $82.4 million to indemnify Keppel against …
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Seatrium falls by nearly 4% as Keppel’s arbitration for claim in Brazil corruption case begins
27 Aug 2025 04:17 GMT
[SINGAPORE] Shares of Seatrium fell by close to 4 per cent in early trade on Wednesday (Aug 27), a day after news broke that Keppel will begin arbitration proceedings against the offshore marine and energy solutions company for a S$68.4 million claim.
The …
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Keppel Offshore and Marine concludes Brazilian corruption case with $65m fine
20 Dec 2022 08:05 GMT
Keppel Offshore and Marine (KOM) has finally fully resolved …
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Sembcorp Marine Proposes Name Change Following Merger with Keppel Offshore & Marine
03 Apr 2023 15:52 GMT
April 3, 2023
©Sembmarine (File photo)
/AdobeStock
Singapore-based Sembcorp Marine said Monday it was proposing to change its name from “Sembcorp Marine Ltd” to “Seatrium Limited."
This follows the completion of the combination of the company' …
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Sembcorp Marine undertaking strategic review post Keppel Offshore & Marine acquisition
02 Mar 2023 11:17 GMT
Singapore’s Sembcorp Marine has embarked on an in-depth strategic review having on Tuesday completed the S$4.5 billion (US$3.34 billion) acquisition of compatriot and long-time rival Keppel Offshore & Marine, with results of the exercise expected in …
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Sembcorp Marine says integrating with Keppel Offshore & Marine is no easy task
28 Feb 2023 06:48 GMT
Singapore’s offshore and marine heavyweight Sembcorp Marine envisages major gains with synergies from integrating its business with that of compatriot Keppel Offshore & Marine, but also expects to experience challenges along the way. With the multi- …
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Sembcorp Marine says integrating with Keppel Offshore & Marine is no small task
28 Feb 2023 00:04 GMT
Singapore’s offshore and marine heavyweight Sembcorp Marine envisages challenges integrating its business with that of compatriot Keppel Offshore & Marine — a multi-billion dollar merger deal that is expected to complete today (28 February). “On …
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Sembcorp Marine, Keppel Offshore & Marine tie-up scheduled to complete on 28 February
17 Feb 2023 05:58 GMT
Sembcorp Marine’s multi-billion dollar takeover of Keppel Offshore & Marine, dubbed the proposed combination, which will create a Singapore mega-offshore and marine contractor, is expected to complete on 28 February — almost four months to the day that …
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It's a 'Yes': Sembcorp Marine shareholders approve $3.37 billion acquisition of Keppel Offshore & Marine
16 Feb 2023 10:36 GMT
Sembcorp Marine’s shareholders on Thursday morning local time voted resoundingly in favour of the Singapore contractor’s long-anticpated acquisition of compatriot Keppel Offshore & Marine. A total of 95.28% of the votes cast at the 16 virtual …