MEO warns on overcapacity creeping into PSV sector

Singapore: A leading name in the local OSV scene has warned of some overcapacity coming into certain segments of the sector. Speaking with our sister title, Maritime CEO, Adam Clayton, the corporate finance and group commercial head for Miclyn Express Offshore (MEO), said: “We are seeing some oversupply in certain segments such as mid size PSVs, but we also believe that continued demand will provide opportunities for growth for the stronger service providers in the market.”

For the full interview, click here.  [06/06/14]

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