Maersk Drilling has been so successful at finding customers for its rigs that the company is now ahead of its own investment schedule. The reason for this is the company’s changed approach to newbuildings, says Maersk Drilling CEO Claus V. Hemmingsen to ShippingWatch.
BY JAKOB VESTERAGER
Maersk Drilling has stopped all investments for the remainder of 2012, as the company is now ahead of its own investment schedule. The company is in this advantageous position because it interacts with customers before the rigs have been built.
On Dec. 5, all Russian crude oil will be banned in the EU. But oil from the warring country will still flow into the world market, and both the EU embargo and price cap can be circumvented, predicts sanctions lawyer.