Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Hvide Marine HMAR - High Growth, Undervalued -- Ignore unavailable to you. Want to Upgrade?

To: Ian Achterkirch who wrote (421)	8/13/1998 5:38:00 AM
From: Grommit	Read Replies (1) \| Respond to of 547

I also heard in the CC that nothing is certain with regard to the redeployments. They said they were in negotiations and no contracts were signed. Anyone talk to them lately with regard to this and to get an update on utilization and dayrates? As far as the other business, I have the feeling that things will soften up all around the world. Oil prices are not going up soon. Sounds like deepwater is next soft spot. "Day rates for Hvide's vessels serving the deepwater Gulf of Mexico have been strong, but a prolonged period of weak oil and natural gas prices could cause this market to eventually soften. Hvide's fleet serving international markets has strengthened during the past three months and is expected to provide relatively stable cash flow during the next year because of term contracts." (I have been away, sorry for the delay in answering)