The company noted that its revenue of $321.0 million for the first quarter, which ended 30 November 2014 was slightly lower from the $339.8 it brought in during the corresponding period in its 2014 financial year.
The decreased revenues of Ezra’s Subsea Services division EMAS AMC furing the first quarter of 2015 has been attributed to the lower revenue contributions from the pipelayer Lewek Express (built 1984)which underwent a planned mandatory dry dock for 1Q15, as well as urgent maintenance and repair of the pipelayer Lewek Champion (built 2007), which has been out of service since October 2014 because of a gangway malfunction.
EMAS
