Offshore is a cyclical industry; when assets are at their cheapest, nobody wants to buy them, and nobody will lend money to acquire offshore vessels and rigs. If only I had had the foresight to buy Tidewater stock in May 2020 when it traded below US$5 per share, as opposed to US$68 on Friday. But...
Normand Turmalina
Work Boat World Offshore Vessel Charters Roundup – May 26, 2021
The latest offshore vessel charter awards centre on the maintenance vessel segment, particularly in support of clients in Europe and the Americas. Oilfield drilling activ ..