Malaysia-based Velesto Energy has announced the termination of its agreement to sell the Naga 3 jackup rig to PT Indonesia Drilling Energy. The deal, valued at $63 million, was initially struck in mid-December 2025. Velesto had previously stated that the sale was aligned with its ongoing fleet management and optimization strategy.
This cancellation suggests a change in Velesto's asset divestment plans. For freight forwarders and logistics professionals involved in project cargo or offshore logistics, this development primarily impacts the drilling sector. While not directly affecting container or general cargo rates, it highlights the dynamic nature of asset management within the energy industry, which can indirectly influence demand for specialized heavy-lift and breakbulk services if future rig deployments or disposals are altered.



