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$600m drill ship could remain in port.

A MASSIVE ship that cost hundreds of millions of dollars to build could be docked in Port Talbot indefinitely.

The huge deep-water drilling ship has been docked since the beginning of March and is up for sale.

The Sertao ship came to Port Talbot after the company which owned it went bankrupt and was seized.

Now the company looking after the sale of the ship said it'll be docked there until it's sold.

And, perhaps unsurprisingly given its hefty price tag, Offshore energy consultants Okeanos added that there hasn't been much interest.

The ship is capable of drilling in "ultra-deep" water to a depth of up to 40,000ft.

According to Platform Brokers, the ship cost around $600m to build over three years for a Brazilian company. It was built in South Korea and delivered to its original owners in 2012. After the ship was repossessed it was taken to Teeside and was "arrested" by the Admiralty Court.

The arrest of a ship refers to when a vessel is seized so a debt can be paid.

Sertao was moved to Port Talbot in the early hours of March 3 as the previous spot it was docked at became unavailable.

The ship is flagged in the Marshall Islands.

If you want to help get the ship to leave Port Talbot and you've got a spare few hundred million dollars, all "serious enquiries" for the ship can be made by contacting Okeanos.

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<B The Sertao drill ship docked at Tata in Port Talbot

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Publication:Western Mail (Cardiff, Wales)
Date:Mar 13, 2019
Words:253
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