Greater ChinaOffshoreShipyards

CSSC looks to sell four abandoned drillships

Chinese state run shipbuilding giant China State Shipbuilding Corporation (CSSC) is looking to dispose of four drillships abandoned at the defunct Shanghai Shipyard.

The four drillships were ordered by Singapore’s Opus Offshore since 2011 and were later abandoned by the owner following its bankruptcy.

Shanghai Shipyard closed shipbuilding operations at the end of 2018 due to a lack of new orders.

Currently one of four ships, Tiger 1, has been completed while construction of the other three are not finished.

Shanghai Waigaoqiao Shipbuilding, another CSSC yard in Shanghai, has now established an asset operation company to deal with the idle offshore assets at Shanghai Shipyard including the four drillships and two drilling tender barges.

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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