Embattled Ezra Holdings operating unit EMAS Offshore has been suspended from trading on both the Singapore Exchange and Oslo Bors.
Singapore-listed Ezra Holdings has revealed that it has an exposure of approximately $900m as a guarantor to its jointly-owned EMAS Chiyoda Subsea (ECS), which has filed for bankruptcy protection under…
The Middle East is the only region to buck the downward trend in offshore supply vessels (OSV) over the last two years, according to IHS Markit analysis.
No-one predicted the scale and depth collapse in the oil price and the impact it then had on offshore marine, so it is also likely that few, if any, will…
Cosco (Qidong) Offshore has won a contract to build one offshore heavy lift vessel with crane capacity of 3,000 tonnes for an European buyer.