Will JV help Ezion become world's largest liftboat owner and operator?

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SINGAPORE (July 5): Ezion Holdings is forming a joint venture to become the world’s largest owner and operator of liftboats.

In a filing this morning, Ezion said wholly-owned subsidiary, Teras Investments, has entered into a JV with Alliance Offshore Group to cooperate in the ownership and operations of liftboats.

Alliance Offshore is a wholly-owned subsidiary of TSC Group Holdings which is listed on the Hongkong Exchange and is 52% indirectly-owned by China Merchants & Great Wall Ocean Strategy & Technology Fund (LP)... (Click here to read the full story)