MRM 0.00% 33.0¢ mma offshore limited

Hi V_H Thanks re the info. I had missed the Otto Marine contract...

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    Hi V_H

    Thanks re the info. I had missed the Otto Marine contract news.

    Re the Otto contract, some observations, I'm happy to be debated or corrected by anyone on any point.

    Observations:  

    - 100 tonne Bollard pull seems to suggest around 8,000 hp vessel, maybe a bit less.
    - assuming vessel come from current fleet, then likely it's possible to take a punt as to which one from the list here http://www.ottomarine.com/fleet.html
    - rough maths the implied day rate looks around $26,500 ish per day.

    While in better times the day rate would have looked cheap, part of me says it doesn't look so bad on this deal if my obs are correct.
 
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