Summary: Seatrium shares fell up to 7.8% after announcing the termination of a US$475 million contract for a wind turbine installation vessel. The company is evaluating legal and commercial responses for “wrongful termination” and exploring solutions with the end-customer.

Link: https://www.businesstimes.com.sg/companies-markets/seatrium-shares-plunge-7-8-us475-million-maersk-offshore-wind-contract-termination