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896 Posts.
6
01/06/16
20:02
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It's good to debate.
I think a big difference needs to be made between the price of oil and the OSV companies.
Yep oil is likely to increase as supply and demand get closer.
The OSV market however is far from close re supply and demand. Supply far exceeds demand at this point in time.
A re capitalisation of MRM might be considered the best case scenario right now. It would indeed be a miracle if it didn't need to happen.
It is a mistake to mix up the price of oil and the OSV market given the massive supply surplus in the OSV market that .... can't be denied.
Have you look at MRMs competitors such as Gulfmark, Farstad and Otto Marine?
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