Singapore offshore vessel owners head for liquidation
Energy Disrupter
General – Liquidation
Ezra Holdings is to be wound up after managers failed to find buyers or investors for the Singapore-headquartered offshore vessel owner.
According to an announcement on 7 January 2022, the judicial managers have filed applications to discharge the management and liquidate the group.
Ezra Holdings had grown to become a leading offshore support vessel owner and operator in the Asia Pacific region. Its subsidiary EMAS Offshore offered offshore support, accommodation, construction and production services to energy companies supporting exploration, development, production and decommissioning stages of the oilfield lifecycle.
Its main operations were in Brunei, India, Indonesia, Malaysia, Philippines, Vietnam and Thailand.
Ezra Holdings also included Triyards, which fabricated self-elevating, mobile offshore units and offshore vessels in three yard facilities in Vietnam and the US.
This announcement comes just weeks after another Singapore-registered offshore vessel operator Ezion Holdings announced it would be liquidated.
Original Source: https://ocean-energyresources.com/2022/01/13/singapore-offshore-vessel-owners-head-for-liquidation/
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