SINGAPORE, SINGAPORE (Seatrium, 15.Jul.2025) — Seatrium Limited announced its wholly-owned subsidiary Seatrium Financial Services Pte. Ltd. (SFS) successfully secured a $400mn sustainability-linked revolving credit facility with United Overseas Bank (UOB).
This credit facility, anchored in sustainability-linked principles, aligns with Seatrium’s Sustainable Finance Framework and includes revolving credit features which will strongly enhance the Group’s liquidity and financial flexibility.
It will significantly contribute to Seatrium’s long-term goals of achieving its Environmental, Social, and Governance (ESG) targets, further bolstering its commitment to sustainable development in the offshore, marine and energy sector.
RELATED: Seatrium to propel offshore innovation with first turnkey FPSO delivery to Petrobras
Dr Stephen Lu, Seatrium’s Chief Financial Officer, said, “Our continued partnership with UOB marks an important milestone in advancing our financial agility and deepening our commitment to environmental stewardship. By linking our financing framework to clearly defined sustainability targets, we are not only reinforcing accountability but also embedding climate-conscious principles into our capital strategy. This alignment will actively support our decarbonisation goals and longterm value creation.”
RELATED: Trinidad and Tobago extends deep water bidding round to 17 Sep. 2025
Ms Cindy Kong, Managing Director of Group Corporate Banking at UOB, added, “As the global energy transformation accelerates, sustainability-linked financing is playing a crucial role in driving the shift toward decarbonisation. We are proud to partner Seatrium in championing forwardlooking initiatives within the global renewable energy segment. Together, we aim to foster innovation while paving the way for responsible and sustainable business growth globally.”
Since 2023, Seatrium has successfully secured over S$3bn in sustainability-linked loans and green financing, further establishing itself as a leading global provider of sustainable engineering solutions for the offshore, marine, and energy sectors. The Group is steadfast in its commitment to fulfilling its Sustainability Vision 2030, which is centred on empowering clients to minimise their carbon footprints through energy-efficient and environmentally sustainable vessels and offshore platforms.
____________________
