ShippingWatch

A part ofWatch Medier

Tor Olav Trøim injects more capital into Borr Drilling with share purchase

Borr Drilling continues its hunt for cash with a new share emission to, among others, its majority owner Tor Olav Trøim. The company also sold a rig for scrapping last week. Creditor negotiations continue.

Tor Olav Trøim increases his stockholding in Borr Drilling, which is negotiating with its creditors. Photo: PR / Marine Money/Marine Money
BY
Published:

Log in to read our articles

Welcome to ShippingWatch. A part of our content is exclusive and reserved for our users.

Log in

Try ShippingWatch for 14 days.

Get a trial subscription here.

Do you want a trial subscription with multiple users for yourself and your colleagues?

Read more about your options and find the contact information to our sales team here.

Related articles

Latest news

  1. CMA CGM Group reports USD 48 million profit for Q1
  2. Scorpio's offshore company in talks with creditors and questions going concern
  3. Yet another Chapter 11 is part of Seadrill's considerations
  4. MSC expects coronavirus effect in the next three quarters
  5. 2020 looks set to become a toxic cocktail for dry bulk shipping
  6. World's largest container ship has arrived in Europe on its maiden voyage
  7. Germany gives EUR 1 billion in aid to the country's shipping sector
  8. Clarksons has opened in Copenhagen to be close to expanding shipping cluster
  9. Contract renegotiations strain offshore ship operators in the North Sea
  10. Borr Drilling settles rescue plan with creditors and yards
  11. Firefighters injured after explosion on Höegh vessel
  12. OPEC+ set to extend cuts after breakthrough with Iraq
  13. Nordic Shipholding still negotiating with potential merger partner
  14. EU sets new deadline for merger of South Korean yard majors
  15. Panama threatens ships with fines for manipulating tracking systems
  16. Total meets with key contractor to avoid layoffs
  17. Long-term contracts are Navigare's bulwark during the coronavirus crisis
  18. Total meets with key contractor to avoid layoffs
  19. Norwegian oil sector projects massive decline in investments next year
  20. Frontline to raise USD 100 million for growth

See all

Jobs

See all

See all