Houston-based drillship owner Vantage Drilling announced in a statement to the US Securities and Exchange Commission that it signed a drillship construction contract with Daewoo Shipbuilding & Marine Engineering of Korea.
The high-specification drillship to be delivered in August 2015 is capable of drilling to 40,000 feet in water depths of up to 12,000 feet.
Vantage also announced a $75m convertible bond offering in conjunction with the vessel order, which will fund the initial $59.5m payment to the shipyard in Korea.
The newbuilding is to be named Cobalt Explorer.
Daewoo Signs Vantage Drillship
2013-07-12
3145人
Source:Asiasis
Most ViewsHOT
- Efnav returns to newbuilds with six kamsarmaxes at China’s Hengli
- Huarong Leasing lines up newcastlemax newbuild brace
- Bruton firms up VLCC order at New Times Shipbuilding
- Oceanbulk linked to boxships comeback
- Sammok and Shanghai Changjiang order bulkers at Nantong Xiangyu
- Alberta Shipmanagement makes boxship debut with Chinese newbuild order
- Evergreen taps Samsung Heavy and Guangzhou Shipyard International for 14 ships
- Belgium’s Ebe adds first Chinese-built ship with 2020 Bulkers deal
- Huayuan Star orders methanol-ready Kamsarmax brace
- Yang Ming’s dry bulk arm readies four newbuilds in fleet renewal push
