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Siem Offshore Expands Fleet with New Vessel Order

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An announcement from Siem Offshore AS ( (DE:S5H0) ) is now available.

Siem Offshore AS has announced the expansion of its fleet with two additional high-end Offshore Energy Support Vessels, following a previous order. These vessels, built by Cosco Shipping, are designed to cater to both oil & gas and renewable energy sectors, with deliveries expected between the third and fourth quarters of 2027.

More about Siem Offshore AS

Siem Offshore AS operates in the offshore energy sector, providing support vessels for both the oil & gas and renewable energy markets.

YTD Price Performance: 15.70%

Average Trading Volume: 891

Technical Sentiment Signal: Sell

Current Market Cap: €282.4M

Learn more about S5H0 stock on TipRanks’ Stock Analysis page.

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