MRM 0.00% 33.0¢ mma offshore limited

the "other" posibility, page-3

  1. 896 Posts.
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    A further thought V_H.

    Re vessel values are you prepared to call now the bottom of the market? My thoughts are it might take another 1 to 2 years to get to the bottom as at the moment many of the stacked boats can still be brought back to operation easily, but as another year or 2 passes, they are really going to be getting past it. And at this moment, more boats are still going into stack I understand as contract roll off, and new brand boats still coming atleast this year and next from Korea and China shipyards, and those brand new boats have in many or most cases nil buyers...
    Last edited by Austinhealeysprite: 05/11/16
 
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