Ezion Holdings sells liftboat

Singapore’s Ezion Holding has announced the sale of its 2016-built liftboat Teras Conquest 9 to Chinese leasing house SLH (Tianjin) Ship Leasing.

The vessel was sold for a price of $18.5m. Ezion believes the disposal will allow the group to stop the incurrence of further operating costs and liabilities, and will also allow it to reduce its outstanding liabilities via the partial repayment of the secured bank loans.

The company expects to gain $1.35m from the sale.

According to VesselsValue, Ezion Holdings has sold a series of vessels including three liftboats, one heavy lift vessel and one drilling rig in the past few months.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
Back to top button