Seatrium completes sale of Karimun Yard in Indonesia | Marine & Industrial Report
, Singapore
Photo by Edwin Jaulani on Pexels

Seatrium completes sale of Karimun Yard in Indonesia

The company expects over $50m in annual savings once fully implemented.

Seatrium Limited has completed the divestment of its Karimun Yard on Karimun Island, Indonesia, on 9 March.

Along with previously announced disposals of other non-core assets, the company expects these moves to generate more than $50m in annual cost savings once fully implemented.

Join Marine & Industrial Report community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!