Seatrium sells only U.S. shipyard to Turkey's Karpowership in $50M deal

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Seatrium's (OTCPK:SMBMF) sale of its U.S. shipbuilding facility in Texas likely is a good move, given the labor shortage and cost challenges the Singapore-based company has faced in recent years, as the S$65 million sale should result in gains of S$26 million

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3. Seatrium sells only U.S. shipyard to Turkey's Karpowership in $50M deal