284 million USD or about 1.7 bilion Danish kroner is the value of a new contract for Maersk Drilling, which was signed with Statoil. The contract duration is two years and involves the ultra harsh environment jack-up rig Maersk Gallant. The contract also includes an option for an additional year.
“This contract improves our forward contract coverage even further providing us with high earnings visibility. This forms a solid basis for further growth thus supporting our objective of becoming a significant and stable contributor to the APMM Group profit,” says Claus V. Hemmingsen, CEO of Maersk Drilling and board member of the A.P. Moeller Maersk Group.
More from ShippingWatch
West Coast dockworkers continue negotiations after contract expiration
Union and employers expect to finalize a new labor contract covering 22.000 dockworkers on the U.S West Coast. Cargo will keep moving during negotiations.
Drewry eyes beginning of the end of major container upswing
The container market has turned and can see the beginning of the end of the extreme upswing. New numbers from World Container Index shows a ”material weakening” in spot rates, according to analyst.
Lars Kastrup becomes sole CEO of container carrier PIL
After over a year of sharing the helm of Pacific International Lines (PIL) with Gan Chee Yen, Lars Kastrup has been appointed the sole CEO of the Singapore-based container carrier.
CMA CGM to lower freight rates – but only for domestic customers
The world’s third largest container carrier responds to the French Ministry of Finance’s call by lowering container rates by approximately 10% for French retail chains, writes Reuters.
Clipper turns loss into profit in Danish company – "sensible progress" within dry bulk
Clipper’s Danish company Clipper Group, which includes RoRo carrier Seatruck Ferries, has turned red figures into the biggest profit in five years. The large dry bulk business, which Clipper does not disclose any numbers for, has progressed the last year and a half, says top exec.
Senior Sales Manager 
Accountant Assistant - Creditor & Payment Team 
Experienced Bunker Trader - Dubai 
Head of Vessel Operations 
Crewing officer 
Technical Security Manager 
Head of Airfreight 
Safety Leadership & Transformation Manager 
Senior Legal Counsel with a focus on Offshore Renewables