MRM 0.00% $2.69 mma offshore limited

Ann: MMA Secures a Vessel Contract with TechnipFMC, page-5

  1. 4,871 Posts.
    lightbulb Created with Sketch. 448
    In my view it's says it clearly that MRM is going to supply the 4 barges and 2 tugs, that means that its a combination of both owm and contracted, when MRM is contracting the work out they are considered to be supplying them. it doesn't matter what they are uses as they need to use what is needed and not what they have, every job challange is different and the ships left over that MRM have will be utilised in other operations, it's ownly time before they are all utilised together with contracted work, it's better to contract maybe 25%-50% of your work so you reduce the overheads when there is a disruption in revenue, all in all good news going forward.
    Last edited by The Chook: 26/02/21
 
watchlist Created with Sketch. Add MRM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.