Maersk Drilling is the group's weakest link and faces a bleak future

Maersk Drilling is currently saved by its status as part of the Maersk Group, as without this status the company would lack access to funds. Drilling's fleet of rigs and ships are deployed on long-term contracts at solid rates, but when these expire, Drilling will face the hard reality.
BY JAKOB SKOUBOE, EDITOR, FINANSWATCH

"Maersk Drilling is the company under A.P. Moeller-Maersk which would be weakest as an independent company, as it's the company for which it's the most difficult to see the light at the end of the tunnel," says Sydbank analyst Morten Imsgård.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
!
!
Must contain at least 6 characters
!
Must contain at least 2 characters
!
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

!
Newsletter terms

Front page now

Further reading