Singapore’s Ezion Holding sells 2016-built liftboat
Singapore’s Ezion Holding sells its 2016-built liftboat Teras Conquest 9 to Chinese leasing house SLH (Tianjin) Ship Leasing.
The vessel was sold for $18.5 million. Ezion expects that the sale will enable the company to avoid fee paying operational costs and liabilities, as well as reduce its outstanding liabilities by partially repaying secured bank loans.
The sale is expected to bring in $1.35 million for the company.
Maritime Business World