Offshore

Maersk Drilling CEO calls for scrapping of up to 50 floating rigs

The drilling market is showing signs of a "impending recovery", but rigs will have to be demolished for the market to gain balance, says Maersk Drilling CEO Jørn Madsen in an interview with ShippingWatch.
Photo: Stine Bidstrup/Stine Bosse/Ritzau Scanpix
Photo: Stine Bidstrup/Stine Bosse/Ritzau Scanpix
by SØREN PICO

The drilling industry is finally undertaking a major clean-up of rigs, but more efforts are needed to create better conditions for a market that has been in crisis for years, assesses Maersks Drilling CEO Jørn Madsen in an interview with ShippingWatch.

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