Sea1 Offshore Q4 EBITDA For Current Fleet $35.4 Mln
Reuters
02-14
Feb 14 (Reuters) - Sea1 Offshore Inc :: *EBITDA FOR THE CURRENT FLEET INCREASED TO USD 35.4 MILLION IN 4Q 2024, FROM USD 26.2 MILLION IN 4Q 2023 (ADJUSTED FOR THE 9 VESSELS SOLD IN JULY 2024) *THE SEMI-RIG ACTIVITY IN AUSTRALIA WILL SEE A TEMPORARY DECREASE IN 2025 *THE SEMI-RIG COUNT ON THE NORWEGIAN SIDE OF THE NORTH SEA IS EXPECTED TO INCREASE IN 2025 *THE EXPECTATIONS FOR 2025 ARE FOR FURTHER GROWTH IN THE OSV MARKET AND INCREASED DEMAND. *TIGHT SUPPLY IN CERTAIN VESSEL SEGMENTS WILL CONTINUE *DEMAND IS EXPECTED TO INCREASE DURING 2025, CHALLENGE TO SECURE HIGH-END TONNAGE FOR CHARTERERS COULD BECOME AN INCREASING ISSUE