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    Ezra Holdings snaps up Ice Maiden equipment for ice class flexlay vessel

    Vessel & ROV News // November 6, 2009

    Seabrokers and other brokers have confirmed that Ezra Holdings in Singapore has acquired at “distressed“ prices equipment including engines and thrusters from the failed Ice Maiden project.

    C & M Group in the UK had planned to convert Paardeberg, a former Russian icebreaker into a floating accommodation vessel to be named Ice Maiden.

    Ezra plan to design and build an ice-class flexlay vessel at its Vietnam fabrication yard utilising the purchased equipment.

    The vessel will have a reel lay system and a fully mechanised Pipeline End Termination Handling (PLET) system.

    No delivery date has yet been announced.

    Ezra’s ambition is to maximise new opportunities in the Arctic where climate change will facilitate access to vast untapped oil and gas reserves which could amount to 22 per cent of the world’s undiscovered resources.

     

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