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MARKETS SOV/CSOV SEGMENT
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ÃiÃÊÜ?Ì?Ê??Ì???ÊV??«i?Ã>Ìi`Ê}>?}Ü>ÞÃÊ>ÊÎÊVÀ>?iðÊÊ?iÜÊ owners?
LÕ?`??}ÊÛiÃÃiÃÊ>ÀiÊVÕÀÀi?ÌÞÊ/?iÀÊ£ÊÛiÃÃià We have undertaken an analysis of the ?nancial reports
UÊ/?iÀÊÓÊÛiÃÃiÃÊ>ÀiÊ}i?iÀ>ÞÊV??ÛiÀÌi`Ê??ÊEÊ}>ÃÊ*-6ÃÊ of large SOV/CSOV owners accounting for close to half of >?`Ê*-6ÃÊÜ?Ì?Ê>Ê«iÀ?>?i?ÌÞÊ??ÃÌ>i`ÊÜ>??Ì??Ü?À?ÊÃÞÃÌi?Ê the delivered ?eet.
>?`ÊVÀ>?i°ÊÌÊ«ÀiÃi?Ì]ÊÌ?iÀiÊ?ÃÊ??ÞÊ??iÊ/?iÀÊÓÊV??ÛiÀÃ???Ê??- Many owners already face cash ?ow constraints, balance }???}]Ê>?`ÊÌ??ÃÊ?ÃÊ>ÊëiV?wVÊV>ÃiÊv?ÀÊ1°-°Ê?>À?iÌ° sheet pressure, and bottom-line challenges. The forthcom- ing forecast vessel oversupply is only expected to make
Crewing the Vessels conditions more challenging. One consequence is that
A concern for vessel owners is the ability to attract, vessel S&P and company M&A activity will become a key develop and retain suf?cient numbers of competent and theme in the coming years.
quali?ed crew.
In the SOV and CSOV, there are two major challenges to address:
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Report Availability
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Business/sovforecast
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