21-06-2017, 04:15 PM
Offshore oil drilling which has a higher break even cost will face increased difficulty to survive if oil price stay lower for longer. This means offshore vessel builders and/or lessors such as Keppel, Semb Marine, and Mermaid will continue to suffer. The smaller support businesses such as MTQ, Ezion, and the numerous support vessel owners/builders will continue to suffer as well.