Its hard to say as there are a lot of variables, but yes 18 months is a fair estimate of the extra time it would take to build a hull from scratch vs. repurposing an existing FPSO. Chinese and South Korean yards can crank these hulls out in suprising short timeframes but you pay a premium if you're in a hurry. The biggest advantage I can see is that the steel price is locked in; getting a fixed price for any large steel fab project is really hard right now as the steel suppliers will only fix a price for a few days. The other advantage is that there's a fair bit going on in the FPSO market, so we'd be in a queue. Locking in a vessel early will be a real bonus. None of this should be a surprise though, I don't expect a new build would have gotten a lot of consideration.
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Last
21.8¢ |
Change
0.008(3.57%) |
Mkt cap ! $389.0M |
Open | High | Low | Value | Volume |
21.0¢ | 22.5¢ | 21.0¢ | $3.034M | 13.79M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 693171 | 21.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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22.0¢ | 892286 | 18 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 663145 | 0.215 |
24 | 1434892 | 0.210 |
7 | 1241956 | 0.205 |
16 | 1579807 | 0.200 |
16 | 1106031 | 0.195 |
Price($) | Vol. | No. |
---|---|---|
0.220 | 893286 | 19 |
0.225 | 1507208 | 15 |
0.230 | 1677912 | 25 |
0.235 | 342350 | 8 |
0.240 | 427250 | 7 |
Last trade - 15.11pm 14/05/2024 (20 minute delay) ? |
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Last
21.8¢ |
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Change
0.008 ( 3.57 %) |
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Open | High | Low | Volume | ||
21.0¢ | 22.5¢ | 21.0¢ | 7321305 | ||
Last updated 15.24pm 14/05/2024 ? |
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