Seacor Marine has taken control of 11 anchor handling tug supply (AHTS) vessels as part of a distressed fleet sale but the owner’s actual cash exposure to the transaction is said to represent just a “tiny fraction” of the ships’ already rock-bottom values in today’s offshore downturn.
For these specific ships, the fall in value over the past five years averages out at a huge 71%, depending on the source of the valuation.
