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NEWS ANALYSIS

New money seeks 'right-sized' fleet and debt in OSV sub-sector

Demands of yield-driven "outsiders" require asset values and loans to be written down

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Marco Polo appears to have struck that fine balance needed to attract new equity - a haircut steep enough to attract new investors without alienating its creditors.

Singapore

"THE time to buy is when there's blood on the streets."

So said Baron Rothschild who made a fortune buying in the panic following the Battle of Waterloo back in the 19th Century.

Two centuries on in Singapore's offshore support vessel (OSV) sub-sector, Marco Polo

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