Search results for: Ezra Holdings

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A list of search results

  • 16 February 2017

    Ocean Yield will charter its Lewek Connector subsea vessel to Singapore’s Ezra, under newly agreed terms. The move comes just a few days after the owner had terminated the charter for the vessel it had with Ezra’s cash-strapped subsidiary Emas AMC. For background, Emas AMC in December 2016, requested the standstill agreement relating to the […]

  • 16 December 2016

    Ezra Holdings, a Singapore conglomerate and a parent to offshore services provider EMAS AMC, is under pressure after its subsidiary failed to pay charter fees for some of its vessels. EMAS AMC has informed Forland Subsea it won’t be able to pay charter hire for Forland’s Lewek Inspector vessel for October 2016. Actually, the company […]

  • 28 February 2014
    Business & Finance, Project & Tenders

    Ezra Holdings Limited, announces that its Executive Director, Mr. Tay Chin Kwang, will be stepping down with effect from 1 March 2014, as part of the Group’s efforts to comply with the Code of Corporate Governance of having Independent Directors make up at least half of the Board. Tay Chin Kwang will continue to serve as an Advisor to […]

  • 1 March 2012
    Business & Finance

    Ezra Holdings Limited , an offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, has sold 60 million shares in SGX-listed Ezion Holdings Limited  (Ezion) as part of its capital allocation strategy. This divestment will strengthen Ezra’s cash position and reduce its stake in Ezion to approximately 5.6%. Mr […]

  • 22 November 2011
    Business & Finance, Research & Development

    Ezra Holdings Ltd. (EZRA), a provider of offshore logistics to the oil and gas industry, said its deep- water subsea business may return to… (Bloomberg ) [mappress] Source: Bloomberg , November 22 , 2011; Image: Ezra

  • 2 January 2015
    Business & Finance

    Offshore contractor, Ezra Holdings, has announced that Karl Erik Kjelstad resigned as a Non-Executive and Non-Independent Director of the Company. According to Ezra, Karl Erik Kjelstad decided to resign, with effect from 1 January 2015, due to a change in strategic investment position of Aker Solutions. Karl Erik Kjelstad is Investment Director at Akastor. Kjelstad […]

  • 10 June 2008

    ODIM in Norway has been awarded a contract by Ezra Marine Services Pte Ltd, Singapore, with a value of NKr 32 million, for delivery of two 20 tonne active heave compensated ODIM ABAS cranes.

  • 8 August 2011
    Business & Finance

    The Board of Directors of Ezra Holdings Limited (“Ezra”) announces that Lewek Antares Shipping Pte. Ltd., a wholly-owned subsidiary company of Ezra, has been incorporated in Singapore with a paid-up and issued share capital of USD50,000.00, comprising 50,000 ordinary shares of USD1.00 each. Ezra is an integrated offshore support solutions provider for the oil and […]

  • 1 March 2011
    Business & Finance

      Aker Solutions has completed the transfer of ownership of subsidiary Aker Marine Contractors (AMC) to Singapore listed Ezra Holdings Ltd. Aker Solutions confirms the transaction details given in the announcement on 22 October 2010. In the transaction, AMC is valued at USD 250 million. Ezra has settled the transaction by paying Aker Solutions USD […]

  • 10 March 2017

    U.S. shipbuilding company VT Halter Marine (VTH) has decided to take action against Ezra Holdings, a guarantor for EMAS Chiyoda Subsea in a loan agreement with VTH. Following a civil action lawsuit in late February by VT Halter Marine against Emas Chiyoda Subsea over a $3.3 million debt guaranteed by Ezra Holdings, VTH on Thursday served […]

  • 30 August 2013
    Business & Finance

    The Board of Directors (the “Board”) of Ezra Holdings Limited (the “Company”) announces that Mr. Eng Heng Nee Philip will be appointed as the Lead Independent Director of the Company with effect from 1 September 2013. Mr. Eng Heng Nee Philip remains as the Chairman of the Nominating and Enterprise Risk Committees and a member […]

  • 25 April 2011
    Business & Finance, Operations & Maintenance

    The Board of Directors of Ezra Holdings Limited  announces that Emas Offshore (Labuan) Bhd, a wholly-owned subsidiary company of Ezra, has been incorporated in Labuan, Malaysia, with a paid-up and issued share capital of USD1.00, comprising 1 ordinary share of USD1.00 each. EMAS, a recognized leading global offshore contractor providing construction, marine, production and well […]

  • 8 January 2016

    Ezra Holdings Limited, a Singapore-based offshore services provider, has issued a profit warning for the first quarter 2016 results. The company said its board of directors expect Ezra Holdings will report a net loss, compared to the corresponding period of the previous year. While it did not provide any specific number, in its announcement on […]

  • 13 June 2016
    Business & Finance, Operations & Maintenance

    Ezra Holdings, Chiyoda Corporation and Nippon Yusen Kabushiki Kaisha (NYK) have entered into a binding agreement for NYK to invest in EMAS CHIYODA Subsea (ECS), which is currently a 50:50 joint venture company owned by Ezra and Chiyoda. Through the acquisition of shares from Ezra and Chiyoda, NYK will own 25% of ECS, with Ezra […]

  • 28 August 2014
    Business & Finance

    Singapore’s EOC Limited has announced that Captain Adarash Kumar A/L Chranji Lal Amarnath has been appointed as a Director of the Company with effect from 26 August 2014. Captain Kumar has over 35 years of experience in the marine industry. Captain Kumar started his career with Malaysian International Shipping Corporation in 1979 where he held […]

  • 16 December 2016

    Offshore services firm EMAS AMC has asked for a standstill of its bareboat charter of the Lewek Connector ultra deepwater multipurpose, flex-lay subsea construction vessel. According to Ocean Yield, the owner of the vessel, EMAS AMC has requested a short-term standstill for the months of December 2016 and January 2017. Given the challenging offshore market, […]

  • 20 March 2017
    Business & Finance

    Following a request for bankruptcy protection by Singapore’s Ezra Holdings, Emas Offshore, an offshore services provider held by Ezra, will be facing a going concern issue in case it fails to refinance its financial obligations.  In order to facilitate the financial restructuring, Emas Offshore’s parent company Ezra Holdings filed the petition for reorganization at the U.S. court on […]

  • 17 May 2010

    Last February Ezra Holdings Limited, one of the world‘s leading integrated support and marine services provider in the offshore oil & gas… [mappress] Source: Oaktreeadvisers, May 17, 2010;

  • 2 January 2014
    Business & Finance

    The Board of Directors of Ezra Holdings Limited (“Ezra” or the “Company”) announces that Ezra has a new subsidiary company known as Emas Marine Base Holding Co., LLC, incorporated in Texas with limited liability and whose sole member is EMAS-AMC AS, which in turn is a wholly-owned subsidiary company of Ezra. The initial capital contribution […]

  • 15 February 2017
    Business & Finance

    Necotrans Singapore has filed an application to wind up Ezra’s associate company EMAS AMC. Ezra informed it was made aware on February 13, 2017, that Necotrans Singapore has filed a winding up application with the High Court of the Singapore on February 06, 2017. EMAS AMC is a wholly owned subsidiary of Emas Chiyoda Subsea […]

  • 10 April 2014
    Business & Finance, Equipment

    TRIYARDS, an offshore vessel fabrication and engineering solutions provider to the oil and gas (O&G) industry, has booked net profit of US$7.8 million for the second quarter ended 28 February 2014 (2QFY14), an increase of 9% year-on-year. Revenue for 2QFY14 came in at US$74.5 million, with the start of construction of the Group’s 10th Self-Elevating Unit (SEU), a contract […]

  • 3 July 2012
    Business & Finance

    Ezra Holdings Limited announced the appointment of a Singapore corporate veteran Mr Eng Heng Nee Philip to its Board of directors. Mr Eng will take up his appointment as Ezra’s Non-Executive/ Independent Director with effect from 1 July 2012. Mr Eng has more than 40 years of corporate experience in various sectors, in particular, distribution […]