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Maersk Drilling CEO: Debt in offshore is six times higher than the market value

The drilling industry's combined debt is six times higher than the market value, says Maersk Drilling CEO Jørn Madsen. It is important to differentiate between short- and long-term debt, Transocean CFO tells ShippingWatch.

Jørn Madsen is CEO of Maersk Drilling. Photo: PR/Maersk Drilling

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