ShippingWatch

Seadrill loses equity holding in Seadrill Partners with new rescue plan

Offshore company Seadrill Partners plans to convert debt into equity as part of its restructuring. As a result, however, parent company Seadrill is pushed out and loses its equity holding, writes Finansavisen.

Photo: Seadrill Partners

Read this article for free

Register with your E-mail.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Crews from Torm and Anglo-Eastern ships to be vaccinated under new US program

Seafarers from two Torm ships will be vaccinated against Covid-19 today and tomorrow under a new US vaccination program. CEO Jacob Meldgaard, who also chairs Danish Shipping, urges other countries to follow suit. "This is really important for seafarers," he tells ShippingWatch. Anglo-Eastern has also accepted the vaccine program.

Maersk ready to accelerate its growth in logistics

After years of cautious expansion into logistics, Maersk is now ready to grow at least 10 percent a year, management said this week. In an interview with ShippingWatch, Vincent Clerc, CEO of Ocean & Logistics, lays out the thinking behind Maersk's growth strategy.

Further reading

Related articles

Latest news

See all jobs