Ezra Holdings promotes two

Singapore-based global offshore support and subsea services provider Ezra Holdings Limited has promoted two of its key executives. 

Industry veteran Captain Adarash Kumar becomes Chief Operating Officer (COO) at the Group level to spearhead Ezra’s growing international operations. He has been with Ezra since its listing on the Singapore Exchange Securities Trading Limited in 2003, has served in the marine industry for more than 25 years and has been an executive director of Ezra since March 2003.

Succeeding Captain Kumar as Chief Executive Officer (CEO) of EMAS Marine, the group’s offshore support services division, is Robin Kirkpatrick. Mr Kirkpatrick, 52, joined the Group in April 2007. A mariner with 20 years of experience, he was appointed COO of EMAS Marine in December 2007.

Both Captain Kumar and Mr. Kirkpatrick  assumed their new roles January 1, 2012.

Commenting on the promotions, Mr. Lionel Lee, said: “I would like to thank Captain Kumar and Mr. Kirkpatrick for their dedication in growing the business and in executing Ezra’s growth strategy thus far. 

“Our subsea services division, EMAS AMC is developing rapidly into another key earnings driver for the Group, while EMAS Marine will continue to grow its recurrent income as it adds new markets and clients. They constitute our twin engines of growth and will propel us forward in the coming decade.”

“In addition, our global operations will continue to expand rapidly, backed by the strong orders we have in hand, so we will require the support and direction of a vigorous and experienced management team to lead the charge forward.”

Since completing the acquisition of Aker Marine Contractors AS in March 2011, the Group has seen its orderbook grow rapidly. As at October 2011, the Group orderbook exceeded $1.2 billion, US $745 million of which was attributable to its subsea construction division, which includes a subsea installation contract in the Gulf of Mexico awarded by BP Exploration & Production, Inc. Ezra also recently broke into the South American market, having announced in November 2011 a further $231 million in charter awards for deployment of its offshore support vessels in South America and the Asia Pacific.  

January 4, 2012