Swissco
Swissco completes disposal of bulk of offshore support vessels business
MARINE company Swissco Holdings has completed the disposal of a substantial part of its offshore support vessels (OSV) division. The judicial managers of Swissco subsidiary - Swissco Offshore Pte Ltd ...
Ezion-Yinson deal - a marriage made in heaven
BY most accounts, Ezion Holdings, one of many in Singapore's crisis-beaten offshore and marine space, is closing in on the finish line of a prolonged hazardous trek and could soon come out the other s...
Singapore High Court grants Swissco judicial management extension
SINGAPORE'S High Court has granted an extension to the judicial management order for financially distressed offshore support vessel (OSV) group, Swissco Holdings.
Hassan Basma blazes a trail with Swissco buy-out offer
With investors taking flight from cash-strapped sector, former Bumi Armada chief manages to muster enough investor interest to buy existing business in entirety.
High Court grants Swissco Holdings an extension of judicial management order
THE Singapore High Court last Friday granted Swissco Holdings an extension of its judicial management order to Sept 18 next year, the company's judicial managers announced on Monday.
Swissco judicial managers get US$28.5m offer from white knight investor
THE court-appointed judicial managers (JMs) of Swissco Holdings have secured an offer valued at US$28.5 million from a white knight investor for its offshore support vessel business.
High Court fixes Oct 13 for Swiber hearing
AILING offshore firm Swiber Holdings announced on Fridaythat the Singapore High Court has fixed a full day hearing on Oct 13 for the judicial managers' applications for directions on third-party secur...
Measures to boost S'pore corp bond market welcome, but liquidity an issue
MEASURES to broaden and deepen Singapore's corporate debt market are a welcome development. For companies, debt issuance provides an important and attractive alternative to bank financing.
Ezion goes into the red with Q1 loss of US$12.7 million
OFFSHORE and marine group Ezion Holdings slipped into the red for the first quarter, with a US$12.74 million loss after income tax on lower revenue and the absence of one-time asset disposal gain.
Marco Polo Maritime sailing into rough seas
It says it is "not confident" of meeting expectations of lenders and strategic investors, asks for trading suspension
