Online

Yiu Lian to sell rig after Jasper misses payment

Singapore's Jasper Investments has missed the deadline to raise sufficient funds to take delivery of the semi-submersible Jasper Cosmopolitan from China's Yiu Lian Shipyard.

Also in danger: Jasper could also be forced to sell the drillship Jasper Explorer if it can not meet its financial obligations to bondholders
Also in danger: Jasper could also be forced to sell the drillship Jasper Explorer if it can not meet its financial obligations to bondholders
Published 1 September 2014, 02:21Updated 1 September 2014, 02:21
Asia & Oceania