Siem Offshore: Difficult to predict when the recovery will come
Norwegian player Siem Offshore sees the North Sea spot market as "highly disappointing" but still managed to reduce its deficit in 2018, unlike some of its competitors. The prospects for this year are not much better.
by SIMON VALEUR
Siem Offshore, like many of its competitors, booked a deficit in 2018 which according to the carrier was characterized by too few contracts for far too many vessels.
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