Chloe Marine sells drillship

Chloe Marine sells drillship

Chloe Marine has sold its drillship Deepsea Metro II to Chalfont Shipping for $210m, well below that of its $860 million price tag, to repay escalating uppaid debts.

Chloe Marine is a joint venture company between Metro Exploration and Odfjell Drilling.

Odfjell took the decision to stack the ship offshore Venezuela in May 2015 in a bid to reduce running costs, and Chloe Marine Corporation appointed Pareto Offshore as broker to sell the ship.

Jason Jiang

Jason worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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