On the first day of Christmas my true love gave to me… a partridge in a pear tree, according to the ancient English carol, but at Baird Maritime, that’s the cue for a ..
Ezion Holdings
COLUMN | Yinson gets big in Brazil, while competitors bleed, and POSH quits Taiwan [Offshore Accounts]
Asian companies have taken a battering in the offshore industry downturn. Singapore’s Ezion and Ezra have gone into liquidation, Malaysian OSV builder and owner Nam Che ..
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COLUMN | Singapore sting: Ezion, Ezra, Emas, Swiber and Nam Cheong [Offshore Accounts]
Last week we looked at the drilling market (here), this week we go back to boats. Finally, some of the biggest names in offshore in Singapore are being consigned to the d ..
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Four feared dead after installation vessel capsizes off southern China
Four people have gone missing after a wind turbine installation vessel capsized off Guangdong province in southern China on Sunday, July 25. The jackup installation vesse ..
COLUMN | Hunger Pangs: Pacific Radiance and ENAV; Ezion update [Offshore Accounts]
Two heavily indebted, Singapore-based companies, Pacific Radiance and Ezion Holdings, both announced progress with their restructurings last month, and both have committe ..
COLUMN | Quick updates: Singapore DOT, Philippines MARINA and Teras Lyza; KrisEnergy and Keppel; Shell accepts climate change target change; McDermott changes management [Offshore Accounts]
As the end of the quarter nears, we give you a cool quartet of updates on stories and companies in the offshore sector. We begin with a wait of over three years. Teras Ly ..
COLUMN | Sale of the century: Tidewater and Bourbon shrink, Hermitage auctioned? – Part one [Offshore Accounts]
King Julien, the Lemur leader in the cartoon franchise Madagascar, would be delighted. The ring-tailed primate famously liked to “move it, move it” (here). At last, ..
Ezion Holdings to sell turbine installation jackup
Singapore company Ezion Holdings, through wholly owned subsidiary Teras Pneuma, has entered into a memorandum of agreement (MOA) with British Virgin Islands-based EBO ..