Japan Drilling Company scraps jackup rig

Japan Drilling Company scraps jackup rig

Japan Drilling Company (JDC) has sold 1981-built jackup rig Sagadril 2 (formerly Hakuryu-7) earlier this week.

JDC says the rig was sold to an overseas entity for demolition, although did not provide any further information.

The Mitsubishi-built jackup has mainly been operating in the Gulf of Mexico over the last 20 years.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

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