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More offshore & marine firms may seek equity lifeline soon

More cash calls expected from those with high debt levels but bond route is seen as prohibitive

Singapore

MORE cash calls from smaller offshore and marine (O&M) firms with high debt levels could be on the cards as their funds dry up amid a crude oil slump and persistent oversupply of offshore support vessels (OSVs).

In particular, OSV owners Otto Marine, Swiber and Marco

sentifi.com

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