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13-05-2014, 10:08 PM
(13-05-2014, 02:59 PM)Nick Wrote: Any buddies here have any data on their fleet charter profile ? Not very certain if it is largely spot charters or are most of the fleet backed by charters and if so, are they at over-priced pre crisis rates ?
In the annual report for FY 13 (june 2013), the company said "the OSV market will continue to remain challenging and highly competitive for ship owners"
However in the 3rd Quarter FY 14 announcement, the company said
" The OSV market remains stable and Group fleet is enjoying healthy utilization."
it seems that the management is feeling more confident now.
In addition, there is an insider purchase of shares by non-executive director after the 3rd quarter announcement
not vested