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You are here: Home Archive 2010 May Weekly Edition 6th May 2010 Rig owners to pay the price for US Gulf blast

Rig owners to pay the price for US Gulf blast

by Lloyd's List DCN last modified May 17, 2010 10:20 AM

BURN OUT: The Deepwater Horizon on fire before she sank. Analysts and underwriters estimate that the incident will cost energy insurers up to US$1.3bn.


OWNERS of offshore drilling rigs are facing potentially higher insurance premiums and additional safety procedures in the aftermath of last week’s deadly rig disaster in the US Gulf of Mexico.
The world’s largest rig owner Transocean lost its US$560m...

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