EMAS Chiyoda Subsea looks to cold stack $150m pipelay vessel

EMAS Chiyoda Subsea looks to cold stack $150m pipelay vessel

Newly formed EMAS Chiyoda Subsea, the recently finalised 50:50 joint venture of Singapore’s Ezra Holdings and Japan’s Chiyoda Corporation, is looking to cold stack $150m pipelay vessel Lewek Centurion sources tell Splash.

The vessel, once worth in the region of $250m, has been idle for some time with the video below showing it idle in Batam, Indonesia back in February. Several sources have confirmed to Splash that the company is seeking quotes to cold stack the vessel.

The last report of activity for the vessel was announced by Ezra Holdings in June 2015, for work in Asia that included subsea pipeline free span work, well plug and abandonments, well stimulation, as well as pipeline pre-commissioning work for a variety of oil majors and national oil companies.

The EMAS Chiyoda Subsea website says the vessel is readily available for service around the world.

 

 

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

Related Posts

1 Comment

  1. Avatar
    Joe.W
    May 16, 2016 at 3:27 am

    Be interesting to see where it ends up.