Ann: MMA Offshore Enters Into Scheme Implementation Deed, page-5

This is opportunistic and discounts elevated forward utilisation & day rates. This backdrop is further supported by the industry leading age of MRMs fleet. For this reason and the long lead times on ship builds MRM is very attractive for a trade buyer such as Tidewater. I expect bidders enter the fold that will price up offer. Investors would be silly to accept this even though it’s had a fantastic run - Hold…