You are here


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

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.


"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...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to