Shipyards face taking a $15.2bn hit on unwanted drilling rig and drillship newbuildings that remain at their yards, according to latest research by Bassoe Offshore.
There are 69 newbuildings in yards and 65 of them have “nowhere to go”, Bassoe’s Aberdeen-based offshore rig market analyst, Teresa Wilkie, said.
“They built them, and no one ever came.
