$140 million impairment charge says it all, page-14

Hi CK
My previous observations re the OSV business is that competitors face similar trends and issues to MRM. Indeed what happens to one company in terms of say day rates, utilisations, contract re negs, still falling overall revenue due to older contract drop offs, boat re sale values, labour issues, impairments, gross worldwide oversupply of boats, etc etc are damn near identical.
Some fresh information this week has come from Gulfmark Offshore. I'd recommend listening to their latest quarterly call. It contains an abundance of information.
Link is: http://www.gulfmark.com/investor-home.html
I'd appreciate your thoughts re MRMs next few years ahead if you have a chance to listen to the call.