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Gold/Mining/Energy : Trico Marine Services (TMAR) -- Ignore unavailable to you. Want to Upgrade?

To: JZGalt who wrote (714)8/24/1998 5:21:00 PM
From: D.J.Smyth  Read Replies (1) | Respond to 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.



To: JZGalt who wrote (714)8/24/1998 5:45:00 PM
From: D.J.Smyth  Respond to of 1153
 
per prior notes Brazil operations were denominated in US dollars. this may have changed, i.e., they may have have changed it in order to keep the contract. i'll ask again.


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