KoreaDevelopment Bank (KDB) wants to transfer the Sigma Drilling order to DaewooShipbuilding & Marine Engineering reports TradeWinds’ sister publicationUpstream.
Latelast month VantageDrilling, which is supervising the construction, confirmed that work had ceasedon the Palladium Explorer
“STX hascommenced, with the support of the KDB and its other banks, to significantlyrestructure STX’s operations and finances.”
“In connectionwith these restructuring efforts, STX has currently suspended constructionefforts for the Palladium Explorer.”
Sigma
