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Marco Polo starts legal action in rig dispute

It is seeking refund of at least US$21.4m from SembMarine unit PPL Shipyard

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Marco Polo Marine has started the legal process to seek a refund of at least US$21.4 million from Sembcorp Marine (SembMarine) after the cancellation of a contract for a jack-up rig.

Singapore

MARCO Polo Marine has started the legal process to seek a refund of at least US$21.4 million from Sembcorp Marine (SembMarine) after the cancellation of a contract for a jack-up rig.

Marco Polo Marine on Tuesday said that its subsidiary MP Drilling has initiated the