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Yangzijiang establishes vessel leasing & chartering subsidiary
SINGAPORE (Jan 10): Yangzijiang Shipbuilding’s wholly-owned subsidiary Yangzijiang Shipping is establishing a 49.45%-owned private limited company in Singapore named Yangzijiang Taihua Shipping together with several strategic partners for US$1,100 ($1,4
January 10, 2018
Live the yacht life
Once, chartering a big boat with a crew to cruise the Mediterranean or the Caribbean could cost you in the tens of thousands. A start-up aims to make yacht tourism more affordable and accessible for just US$120 a day.
October 16, 2017
Ezion acquires existing JVs & assets in efforts to improve earnings
SINGAPORE (March 28): In a bid to improve its long-term earnings and reduce costs, Ezion Holdings has acquired its remaining 50% equity stakes in existing joint venture (JV) companies Strategic Offshore (SOL) and Strategic Excellence (SEL) for $3.5 millio
March 28, 2017
Swiber subsidiary to sell vessel for US$10.25 mil to repay DBS
SINGAPORE (Nov 22): Swiber Atlantis, a wholly-owned subsidiary of Swiber Holdings, has signed a memorandum of agreement (MOA) for the sale of its vessel known as Sea Horizon to WAG SPV I, LLC for US$10.25 million ($14.6 million).
November 22, 2016