July 30 (LNGJ) - Sembcorp Marine, the Singapore ship and offshore platform builder and and repair yard, reported a 45 percent drop in first-half turnover to S$1.54 billion (US$1.12Bln) compared with S$2.81Bln in the same six months a year ago as it gained a contract for an LNG bunkering vessel. The group narrowed its first-half net loss to S$6.8 million from a loss of S$50.3M in the same six months of last year.
“New contracts secured in the first half totaled S$175 million. They included the design and construction of a 12,000 cubic metres capacity LNG bunker vessel,” said Sembcorp, whose group order book stands at S$5.3Bln. “The low level of orders will impact negatively on production activities in the second half,” added the company.
