Odfjell Drilling sells drillship

Odfjell Drilling sells drillship

Golden Close Maritime, a unit of Odfjell Drilling, has signed a memorandum of agreement with an Asian buyer for the sale of the Deepsea Metro I drillship for $262.5m.

The proceeds from the sale will be used for a mandatory prepayment of the company’s bond loans.

The drillship is jointly owned by Metro Exploration (60%) and Odfjell Drilling (40%). Odfjell Drilling is the manager of the vessel.

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.

Related Posts