Two lenders hoping to recoup hefty sums from the wreckage of subsea contractor Ceona will probably have to settle for about half of its main asset’s original yard price of about $350m if a sale goes through now, say subsea sources.
Ernst & Young (EY) — which is handling the administration of Ceona after it threw in the towel last month — has given Clarksons Platou Offshore the mandate to sell the company’s new flagship.
This
