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 is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

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