huge debts carried by Singapore-listed offshore firms, page-22

Yellowfin, one little chase boat contract here or there with a very small boat (around 3000bhp) is hardly a big deal. It was your reference to SLB as drillers and IMR contractors that i wought to draw a distinction from. I am fully aware of MRM and the wider offshore mkt hence my interest in it. I share AHSprite views that your reference to oil price (and its great relationship with SLB) are misguided and that it is in fact you that has very little under real understanding of the fundamentals that drive this oversupplied industry. I find it annoying particularly as it is the uninformed with a lack of understanding that contributes to the problem rather than the solution. One little chase boat contract does not make a summer. Make comments that are referenced to its present fleet make up please.