Wednesday 23 Sep 2026
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KUALA LUMPUR (May 28): Sealink International Bhd (KL:SEALINK), which builds and operates offshore support vessels, said a fire broke out on one of its vessels in Brazil on May 17.

In an exchange filing on Wednesday, Sealink said that the vessel is currently operating under a bareboat charter, which places operational control with the charterer, and the company was only informed of the incident on May 21. No casualties were reported as a result of the fire.

“Investigations are ongoing, and technical evaluations are being carried out to determine the extent of the damage, which may be potentially significant based on what the company is able to ascertain so far,” the Sarawak-baseed company said.

Sealink said it is cooperating closely with the charterer and relevant parties to determine the cause and surrounding circumstances of the incident. The company has also notified the vessel’s insurers.

The cash-strapped company owns 22 offshore support vessels mainly chartered to the oil and gas industry across Malaysia and international markets.

Shares of Sealink closed down half a sen or 3.03% to 16 sen on Wednesday, valuing the company at RM77.65 million.

Edited ByS Kanagaraju
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