Press release

EMAS gets a US$51m boost in new charters

EMAS Offshore Pte Ltd, under the Ezra Group, has secured letters of intent and/or letters of award for approximately US$51 million worth of new contracts which will charter five anchor, handling, towing and supply (AHTS) vessels and a PSV to oil majors, national as well as independent oil companies, for operations in Asia and Australia. In aggregate, the average period for the new charters will exceed two years. To support this new lease of business, EMAS will add four high-end multi-purpose platform supply vessels (PSVs) of up to 5,200 deadweight tonnes. These vessels will meet the latest code of safety and oil recovery guidelines and will add to the already wide variety of products and services offered by the Marine Services division.