EMAS Offshore escapes Oslo exchange delisting

EMAS Offshore escapes Oslo exchange delisting

Offshore vessel operator EMAS Offshore, part of Singapore’s Ezra Holdings, has been given a reprieve by Oslo Børs after the Norwegian exchange resolved to revoke a decision to delist the company’s shares.

Oslo Børs announced the delisting late last month, pledging to delist the company on June 17 after Emas Offshore had failed to pay fees to the exchange.

Emas Offshore has been struggling to restructure since parent company Ezra Holdings filed for bankruptcy protection in a US court in March 2017.

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.

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