Singapore-based Ezra Holdings has unveiled plans to invest about $130m to add four high-end, multi-purpose platform supply vessels (PSVs) to its fleet.
The PSVs, of up to 5,200dwt, will be purchased over the next two years and will meet the latest safety and oil recovery guidelines.
The group has also revealed that its offshore support services operating unit, EMAS Offshore, has secured $51m-worth of contracts.
The contracts include the charter of five anchor, handling, towing and supply vessels and one PSV to undisclosed oil companies for operations in Asia and Australia.