Daewoo Shipbuilding & Marine Enegineering (DSME) faces being left with two unwanted drillship newbuildings following moves by Valaris to seek bankruptcy protection.
The two deepwater units were due for delivery in September 2021 and June 2022, according to the most recent 10-Q [quarterly earnings report] by the US-listed drilling company.
However, delivery of the two drillships has already been delayed several times, most recently in August last year when the latest delivery dates were agreed to.
