Ezion Holdings’ wholly owned subsidiary Teras Fortress 2 (TF2PL) has disposed of a liftboat to Virgo Shipping for a cash consideration of US$22 million ($29.2 million). Virgo Shipping is mainly involved in the business of chartering of ships and vessels to support the marine and offshore oil and g...

EZION Holdings posted a net loss of US$224.5 million for the third quarter ended Sept 30, widening from a net loss of US$71 million a year ago.

EZION Holdings posted a net loss of US$224.5 million for the third quarter ended Sept 30, widening from a net loss of US$71 million a year ago.

A WHOLLY-owned subsidiary of Ezion Holdings, Teras Offshore, has landed a contract for US$83.4 million from Foxwell Energy Corp for the transportation and installation of 31 9.5 megawatt (MW) offshore wind turbines.

Ezion’s wholly-owned subsidiary, Teras Offshore (TOPL), has been awarded a contract worth US$83.4 million ($111.4 million) by Foxwell Energy Corp for the transportation and installation of 31 9.5MW offshore wind turbines. Foxwell is an affiliate company of Shinfox Corp, which had won the tender fr...

TERASEA, a joint venture in which offshore and marine group Ezion Holdings has a 50 per cent interest, was placed under creditors' voluntary winding-up from Tuesday.

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STRUGGLING offshore and marine player Ezion Holdings on Monday announced its restructuring plan to refocus its business on the provision of vessel-management services, following a strategic review of its options in consultation with major lenders.

OFFSHORE and marine service provider Ezion Holdings late on Friday evening said that the arbitration proceedings by Whitesea Shipping & Supply against the company's unit, Teras Conquest 2 (TC2PL), have re-commenced.

A UNIT of offshore and marine service provider Ezion Holdings is preparing a response to a claim of US$1.5 million, the troubled liftboat operator disclosed in a bourse filing on Friday evening.