Search results for: Vallianz

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A list of search results

  • 20 July 2015
    Business & Finance

    Singapore’s offshore support vessel provider Vallianz Holdings Limited has penned new contracts valued up to USD 458 million that have lengthened the charter duration for 19 of its OSVs. The OSVs are currently deployed to an existing customer in the Middle East, which is one of the world’s largest national oil companies, according to Vallianz. The […]

  • 7 December 2015

    Singapore’s Vallianz has secured a time charter contract valued at up to $98 million to supply four offshore support vessels to an undisclosed client in the Middle East. In a statement issued Monday, Vallianz said the client was an existing state-owned customer in the Middle East, which is one of the world’s largest national oil companies […]

  • 7 December 2015
    Business & Finance

    Singapore-based Vallianz Holdings Limited, provider of offshore support vessels and integrated marine solutions to the oil and gas industry, has won a time charter contract valued at up to USD 98 million to supply four offshore support vessels (OSV). The contract was awarded to Vallianz by a national oil company (NOC) in the Middle East. The […]

  • 1 August 2014
    Business & Finance, Equipment

    Singapore’s Vallianz Holdings has ordered four anchor handlers from China’s Sinopacific Shipbuilding. The vessels will be built in Sinopacific’s Zhejiang Shipyard and all of them are expected to be delivered from the end of 2014 to the beginning of 2015. It is the first order Sinopacific has gained from the Southeast Asian market for its in-house “SP-design”. […]

  • 16 May 2016
    Business & Finance

    Singapore-based offshore support vessel provider Vallianz Holdings Limited has secured contracts worth up to USD 210 million in total, boosting its chartering services order book to USD 1.2 billion. Specifically, in its latest batch of orders the group won long-term charter contracts for the supply of 13 offshore supply vessels (OSVs) with an undisclosed national oil […]

  • 23 September 2014
    Business & Finance

    Vallianz Shipbuilding & Engineering (VSE) has entered into a conditional sales and purchase agreement to acquire a shipyard facility in Batam, Indonesia for S$19.8 million, Singapore-based Vallianz Holdings Limited said. Chief Executive Officer of Vallianz, Mr Darren Yeo said:“With direct ownership in a shipyard facility, Vallianz will have its own marine base to dock and carry out maintenance operations for […]

  • 15 December 2014
    Business & Finance

    Vallianz Holdings Limited has secured a time charter award worth $97 million with “one of the world’s largest” national oil companies in the Middle East (NOC). However, Vallianz did not reveal the name of the client in question. Under the award, Vallianz will supply a specialized vessel for up to five years from the third […]

  • 31 December 2014

    Singapore’s Vallianz Holdings has acquired a 45% share in Holmen Heavy Lift Offshore for $2.85 million. Holmen, a company incorporated in Singapore in 2011, is an investment-holding company. Holmen owns three submersible launch barges which are primarily used for the transportation and installation of jackets during the field development phase of the oilfield life cycle. […]

  • 15 May 2014
    Business & Finance

    Vallianz Holdings Limited, an integrated offshore marine solutions provider in the offshore oil and gas industry, through its subsidiary, has received a Letter of Award for the provision of  Charter and Ship Management services worth US$82.0 million to a major offshore construction company. The LOA excludes any variation or additional works to be negotiated later. For this award, vessels including […]

  • 22 May 2017
    Business & Finance

    Singapore’s Vallianz Holdings, a provider of offshore support vessels and  integrated marine solutions, recorded a net loss during FY2017 due to impairment charges.  Vallianz on Monday reported its financial results for the 15 months ended March 31, 2017 (FY2017). The company’s financial year-end has been changed to March 31 from December 31 previously. The company recorded […]

  • 15 May 2014
    Business & Finance

    Vallianz Holdings Limited, an integrated offshore marine solutions provider in the offshore oil and gas industry, through its subsidiary, has received a Letter of Award (LOA) for the provision of Charter and Ship Management services worth $82.0 million to a major offshore construction company. The LOA excludes any variation or additional works to be negotiated […]

  • 13 February 2017

    Singapore’s Vallianz has reported a net profit of $3.1 million for the three months ended December 31, 2016, a drop from $4.7 million a year earlier. Revenue for the quarter was $41.4 million, around 12 percent down $47 million recorded in the fourth quarer of 2015. The offshore vessel owner, doing business mostly in the […]

  • 6 January 2017

    Singapore-based offshore services provider Vallianz has closed its shipyard in Singapore as part of its strategic business review in response to the market environment.  The company informed on Friday that, to mitigate the challenges of slower market conditions in the offshore & marine industry, the group has been implementing a strategy to streamline its business […]

  • 7 May 2014
    Business & Finance

    Vallianz Holdings Limited, an integrated offshore marine solutions provider in the offshore oil and gas industry, has reported that it has achieved stronger earnings for the first quarter ended March 31, 2014. Profit for the period surged over four times, or 310% to $5.5 million in 1Q 2014 from $1.3 million for the first quarter ended […]

  • 14 January 2019

    20 crew members rescued from Vanuatu-flagged MV Star Centurion following a collision with MT Antea.

  • 11 December 2013
    Business & Finance

    Vallianz Holdings Limited, an integrated offshore marine solutions provider in the offshore oil and gas industry, is set to further strengthen its capital base with a strong vote of confidence from shareholders. The Group has received shareholders’ approval for the grant of options to Swiber and the issuance of capital securities to Rawabi. Shareholders have […]

  • 11 December 2013
    Business & Finance

    Vallianz Holdings Limited, an integrated offshore marine solutions provider in the offshore oil and gas industry, is set to further strengthen its capital base with a strong vote of confidence from shareholders. The Group has received shareholders’ approval for the grant of options to Swiber and the issuance of capital securities to Rawabi. Shareholders have […]

  • 11 December 2013

    Vallianz Holdings Limited, an integrated offshore marine solutions provider in the offshore oil and gas industry, is set to further strengthen its capital base with a strong vote of confidence from shareholders. The Group has received shareholders’ approval for the grant of options to Swiber and the issuance of capital securities to Rawabi. Shareholders have […]

  • 20 June 2016
    Business & Finance

    Singapore-listed EPCI contractor, Swiber, has appointed Yeo Chee Neng as the chief executive officer and group president of the company with effect from June 20, 2016. Yeo Chee Neng, also known as Darren Yeo, will succeed Francis Wong Chin Sing, also know as Francis Wong, who has been re-designated as the vice chairman of the company […]

  • 20 June 2016
    Business & Finance

    Swiber Holdings, an integrated construction and support services provider to the offshore oil and gas industry, has named Yeo Chee Neng as the company’s Chief Executive Officer (CEO). According to Swiber’s statement on Monday, Yeo Chee Neng succeeds Francis Wong Chin Sing as the latter was re-designated to the role of the Vice Chairman of the company. All changes are […]

  • 24 March 2015
    Business & Finance

    Alam Maritim Resources Berhad has announced that a subsidiary of Deepsea Leader Venture, MDSV 1, has signed a Memorandum of Agreement with Wellspring Marine Trading for acquisition of offshore support vessel OLV Venture 1. Deepsea is a joint venture between ALAM and Vallianz International. The principal activities of Deepsea are ship management and operation, ship owning, […]

  • 1 August 2014
    Business & Finance

    The order intake at Sinopacific Shipbuilding Group is topnotch judging by the latest figures, i.e., nine offshore newbuilds.   Sinopacific has recently signed a contract with Singaporean company Vallianz Holdings Limited for the construction of four SPA60 vessels, and with Shenzhen Huawei Offshore Shipping Transport Co., Ltd. for the construction of five offshore vessels. The vessels […]