Maersk Sells Ven Drilling Barges

September 16, 2014

Danish shipping conglomerate A.P. Moller-Maersk said on Tuesday its offshore oil and gas drilling unit has sold its Venezuelan barge activities.

Maersk Drilling said on its website its Venezuelan barge business represents a "minor part" of its activities. It comprises of a fleet of 10 barges on management contracts on Lake Maracaibo.

Reporting by Sabina Zawadzki

Related News

UK Imposes Sanctions Over Russia-North Korea ‘Arms-for-oil’ Trade 'Tug Drone': KOTUG Pilots Innovative Line Transfer Solution Containership Lost Power Several Times Before Striking Bridge in Baltimore Russia Steps in After India Drops Safety Cover for Sanctioned Vessels Silversea Takes Delivery of New Cruise Ship Silver Ray