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SembMarine launches Sete arbitration

Singapore's Sembcorp Marine (SembMarine) has launched arbitration proceedings against floundering Brazilian rig-builder Sete Brasil, which has contracts with the Asian yard for the construction of a total of seven drillships.

One down: drillship Arpoador sails away, but legal battle heats up over construction of other rigs for Sete Brasil
One down: drillship Arpoador sails away, but legal battle heats up over construction of other rigs for Sete Brasil
Published 25 April 2016, 18:59Updated 18 October 2016, 04:45
AmericasAsia & Oceania