I'm repeating a link from earlier in the thread, see below, but have you read the article?
You have called the likes of myself un informed yet I'm not sure that you have read widely at all.
Have you any comment about how the industry ended up with such massive oversupply and how it now faces issues with its banks galore?
Do you predict an increase in utilisation or day rates in the near future at all? Or is a further decrease in both rates and utilisation still yet on the cards???