SS Pantanal auction

ICBC Leasing, the Chinese financial institution, has announced the sale of the deepwater semi-submersible drilling rig SS Pantanal. The unit was built by Yantai CIMC Raffles Shipyard, delivered in November 2010 and, upon completing final preparations and mobilisation, operated in Brazil from 2012 to 2014. The rig was laid up in Porto do Açu since 2015 and in early 2021 was transported by a Cosco heavy lift to Indonesia where she had remained in lay up since her arrival. According to the auction manager, Zhejiang Shipping Exchange, all the machinery and equipment are shut down and some areas and tanks cannot be presently accessed and inspected. Further, it has not been dry-docked since delivery. The starting price is USD 8 million with bid increments at multiples of USD 0.02 million. Interested parties have until February 9th to register as participants.