Transocean has not been able to find a buyer, so the company will scrap four rigs and book a loss of USD 300-325 million. And the drilling company will also idle four rigs.
BY KASPER BRØNDGAARD ANDERSEN, ENERGIWATCH
Maersk Drilling's competitor Transocean Ltd. is along with the rest of the industry effected by the unfavorable conditions and is now noting the consequences by pulling four ultra-deep seas drilling rigs off the market.
The outlook for the container market looks somewhat more gloomy in the coming time, estimates French CMA CGM. However, the container shipping company still recorded growth on top and bottom lines in third quarter.