Who is Red Box Energy Services?

RED BOX ENERGY SERVICES PTE. LTD. (the "Company") is a Private Company Limited by Shares, incorporated on 4 August 2020 (Tuesday) in Singapore . The address of the Company's registered office is at the ROYAL GROUP BUILDING building. The Company current operating status is live and has been operating for 4 years.

Who owns Red Box Energy Services – pugnax & Audax?

Today Philip is ceo of Red Box Energy Services, a Singapore-headquartered company that owns and operates two highly advanced ultra-heavy module carriers – Pugnax and Audax – both of which have been permanently employed since their launch in 2016.

How much did red box sell bareboats for?

The ships were immediately sold back to CSSC shipping for USD130 million, and bareboat chartered by Red Box for three years for USD150 million, with an obligation to buy at the end of the charter period.

Who is ZPMC vs Red Box Energy Services?

China’s state-owned ZPMC Group found itself on the losing side of a legal ruling in Hong Kong against its former joint venture partner Red Box Energy Services. A Hong Kong High Court judge ruled against ZPMC as it challenged an earlier arbitration ruling that had gone the way of Red Box Energy Services.

Where is red box based?

Red Box also has offices in Rotterdam. The Audax and Pugnax vessels are capable of carrying structures weighing 20,000 tonnes and are reinforced to allow them to traverse ice-covered waters. They played a crucial role in the construction of Russia’s Yamal LNG project, which launched in 2017. Both vessels were also designated by Ofac in May.