Restructuring of the OSV business is far from finished


#201

HOS Stockholders will be wiped out, but of course Todd and his management team will continue to receive nice salaries to manage the comoany, plus new stock and stock options in the restructured company.

Similar to the good deal that Shane got.


#202

Latest Fearnley report give some insight into the worldwide OSV market status and outlook:


#203

Nice discount if you can get it:


#204

Siem appears to want to get out of the PSV segment and concentrate on the high end CSV and Renewable market:

Solstad have a similar philosophy:

UPDATE:
AHTS Bourbon Arctic is up for sale:


At 307 m.t. BP she is among the most powerful Anchor Handlers in the world and with a lot of innovative systems to handle complex operations:
http://www.bourbon-offshore.no/fleet/ahts/bourbon-arctic/

PS> If you have a bit of loose change burning in the pocket she is a bargain at USD >30 Mill.

UPDATE:
Toisa clear out the last of their OSV fleet: