Samsung Heavy Industries could be down to just one orphaned drillship newbuilding by the end of the next financial year, according to one analyst.
In the third quarter of 2022, the South Korean shipbuilder had five newbuilding drillships in its inventory, which led to occasional one-off costs on layup expenses and losses from revaluations.
However, late last year Italian offshore vessel operator Saipem exercised a purchase option for one of the drillships it had initially taken on a two-year bareboat charter.
