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Gold/Mining/Energy : Trico Marine Services (TMAR)
TMAR 22.410.0%Nov 7 9:30 AM EST

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To: JZGalt who wrote (714)8/24/1998 5:21:00 PM
From: D.J.Smyth  Read Replies (1) of 1153
 
just spoke with TDW and HMAR regarding their rates in the gulf; both report that for this quarter rates are averaging $5500 to $6200 depending on the boat. the only negative was that the rig count is down. already knew the rig count was down; most of the rig count being flushed is in shallow water. no one is reporting new rates at $3500 to $4000. last report on new rates came out last week.

traditionally, TMAR rates are higher on average for their supply boats due to factors mentioned earlier.
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