Search for Gulf Mark Offshore, a recent article by Andres Baldrich.
MRM now without its supply base is just another deft ridden OSV company.
The article makes interesting points on many fronts including other OSV companies consolidations and very importantly the very rapidly diminishing market for boats.
It's such a shame, but MRM I fear is now near certainty headed for the scrap heap.
MRM Price at posting:
23.5¢ Sentiment: None Disclosure: Not Held