03 Apr 2022
Frigstad Offshore has completed handover of the jackup Hakuryu-12 to new owner
Frigstad Offshore was appointed as asset management advisor to Bank of Tokyo Leasing in November 2021, to assist with and oversee the handover of the jackup Hakuryu-12 from Japan Drilling Company upon end of a bareboat charter agreement. The work included coordination of the handover, on-site presence in Dubai and assistance with sale of the unit to new owner (ADES).