On March 19, Seatrium announced via its official website that it has signed a new agreement with Royal Caribbean Group, which will further strengthen the long-term strategic partnership established between the two parties since 2012.
Under the new agreement, Royal Caribbean Group is expected to dock a significant number of cruise vessels for statutory inspections, repairs and upgrades at Seatrium’s facilities over the next several years, providing sustained workload visibility for the Group’s Singapore yards. The contract covers Royal Caribbean Group’s global fleet across its leading brands including Royal Caribbean, Celebrity Cruises, and Silversea Cruises.
Seatrium has commenced work on selected vessels under this strategic partnership. Celebrity Solstice completed its revitalisation works at Seatrium’s Tuas Boulevard Yard on 28 February 2026, Ovation of the Seas will begin its enhancement work in March 2026, while Silver Cloud is scheduled for drydock, repairs and upgrades later in the year.
Mr. Alvin Gan, Executive Vice President, Repairs & Upgrades, Seatrium, said, “This renewal underscores Royal Caribbean Group’s continued confidence in Seatrium’s strong track record – built over more than a decade of partnership – in delivering complex cruise ship projects with reliable execution, high quality and uncompromising safety. Our state-of-the-art Tuas Boulevard Yard, equipped with advanced dry docks and integrated digital workflows, further enhances our ability to support large-scale, fast turnaround projects. Partnering with world class cruise ship operators like Royal Caribbean Group reinforces our market leadership that also supports Singapore’s position as a leading cruise hub. We remain committed to driving continuous improvement and shared value.”
As a leading enterprise in the Asian cruise ship repair, upgrading, and refurbishment sector, Seatrium has successfully serviced over 430 cruise vessels since 1978. In addition to its exceptional track record in cruise ship repair and refurbishment, Seatrium has also executed more than 90% of the world’s FSU/FSRU conversion projects.
A few days ago, Seatrium signed an FSRU conversion contract with Karpowership—a Turkish builder and owner of power barges—thereby initiating the eighth FSRU conversion project in their collaboration. Named “LNGT Karadeniz”, the project is scheduled to commence in the third quarter of 2026 and will become Karpowership’s first large-capacity FSRU, designed with a maximum regasification capacity of up to 600 million standard cubic feet per day (mmscfd).
Scheduled to commence in the third quarter of 2026, the LNGC-to-FSRU conversion project, LNGT Karadeniz, signifies Karpowership’s first high-capacity FSRU, engineered to deliver a regasification capacity of up to 600 million standard cubic feet per day (mmscfd). The conversion scope encompasses the installation of a state-of-the-art regasification module, a spread-mooring system, and the integration of critical supporting systems such as cargo handling, LNG offloading, utilities, electrical distribution, and advanced automation and control systems – collectively ensuring safe, reliable, and efficient gas supply operations.
Formerly known as Sembcorp Marine, Seatrium is headquartered in Singapore and possesses over 60 years of experience in the design and construction of rigs, floating facilities, offshore platforms, and specialized vessels, as well as in the repair, upgrading, and conversion of various types of ships. Its core business encompasses new builds and conversions for the oil and gas sector, offshore renewable energy, marine repairs and upgrades, and new energy domains; the company is increasingly focusing on sustainable solutions to drive the global energy transition and the decarbonization of the maritime industry.
Currently, Seatrium operates shipyards, engineering centers, and related facilities in countries including Singapore, China, Brazil, India, Indonesia, Japan, Malaysia, the Philippines, Norway, Saudi Arabia, and the United Arab Emirates.