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Ezra takes proactive steps to review MFSV newbuild options


Published Dec 1, 2008
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Ezra Holdings Limited

Ezra Holdings Limited, a leading integrated offshore support and marine services provider in the offshore oil & gas (O&G) industry, is proactively reviewing its orderbook of five multi-functional support vessels (MFSVs) in view of the uncertainty arising from the current financial crisis.

The first of its 30,000 brake horsepower (bhp) MFSV options to come under review is Ezra’s most recent order with Keppel Singmarine Pte Ltd. The newbuild contract, valued at S$69 million, excluding the cost of certain owner-furnished equipment, was placed in May with delivery expected in 2010.

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