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Ezra Holdings at mercy of Emas Chiyoda Subsea creditors

Singapore’s Ezra Holdings has admitted that it faces a possible wind up application from Norway’s Forland Subsea. Forland issued Ezra with a statutory demand to pay NOK25.5m ($3.09m) owed by Emas Chiyoda Subsea for the charter of the subsea vessel Lewek Inspector. EMAS Chiyoda Subsea defaulted on the charter in December last year and this […]