Daewoo deletes Vantage rig order

South Korea's Daewoo Shipbuilding & Marine Engineering has deleted an order for a newbuild deep-water drillship after the customer missed a payment.

Long lost: Vantage drillship Tungsten Explorer unlikely to meet sister ship Cobalt Explorer after contract cancellation
Long lost: Vantage drillship Tungsten Explorer unlikely to meet sister ship Cobalt Explorer after contract cancellation
Published 19 August 2015, 21:02Updated 17 October 2016, 12:32
Asia & Oceania