Lloyd's List is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

Printed By

UsernamePublicRestriction

Vallianz sees challenging near-term conditions for OSV sector

The group noted encouraging signs that the global oil and gas industry is gradually recovering, but pointed out that near-term business conditions for the OSV sector will remain challenging. Soft charter rates in the competitive Southeast Asian market and drydocking costs for older vessels led to lower gross profit margins

However conscious of its dependence on one main client, Vallianz is trying to broaden and diversify its revenue streams, and is also working to expand its footprint in the Middle East in new markets in Egypt, Abu Dhabi and Kuwait

Related Content

Topics

UsernamePublicRestriction

Register

LL1129982

Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel