Singapore yard may have quit US over cost overrun fears on $1.8bn order

Analysts say project was already running well behind schedule and was a drag on company results

An artist's rendering of the Polar Security Cutter design. Construction work had yet to begin despite a 2024 deliver date for the first ship.
An artist's rendering of the Polar Security Cutter design. Construction work had yet to begin despite a 2024 deliver date for the first ship.ST Engineering
Published 9 November 2022, 01:23Updated 9 November 2022, 06:46
SingaporeNomura SecuritiesUS Coast Guard