Ezion Holdings Limited, a company based in Singapore, has been awarded a letter of intent from a South East Asian State-owned corporation for the charter of aLiftboat over a 4 year period with an approximate contract value of up to US$ 116.8 million.
The Liftboat is expected to be deployed in the waters of South East Asia upon its completion around the end of 2014.
Subject to the final definitive agreement between the Group and the client, the charter is expected to commence in 1st quarter of 2015.
[mappress] Press Release, January 15, 2013