Offshore

Singapore's Ezion Holdings headed for liquidation

Singapore-based group Ezion Holdings, which runs an offshore business operating support vessels in the Asia-Pacific region, is headed for liquidation. The company is insolvent and cannot repay its debt.
Photo: Roslan Rahman/AFP/Ritzau Scanpix
Photo: Roslan Rahman/AFP/Ritzau Scanpix
by JENS THOMSEN

Strained Singapore-based company Ezion Holdings, which owns and operates offshore support vessels in the Asia-Pacific region, has given up on completing a necessary financial restructuring, the company writes in a statement.

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