Ezion charts a new course

The world’s largest owner of self-propelled liftboats has secured over $US600 million worth of contracts this year, and further contract wins aren’t reflected in the share price.

Summary: Singapore-listed Ezion Holdings is the largest owner of self-propelled, self-elevating liftboats in the world. Its state-of-the-art fleet, which is expected to double to 35 vessels this year, provides offshore oilfield services for existing energy infrastructure in Asia and further afield. As these liftboats are more efficient, safer and are effectively a low-cost alternative for a wide array jobs in the sector, Ezion has won an impressive number of contracts this year.

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