Jeffrey Weber

摘要

Jeffrey Weber-led MMA Offshore says the market for offshore support vessels remains under pressure from a rates and utilisation perspective and is finding the market in West Africa especially challenging. MMA said the first quarter of its new financial year was broadly in line with expectations in the company's Australian, Southeast Asian and Middle East operations. However, the West African market is "extremely challenging" at present, so MMA has taken the decision to move some vessels out of the region to the Middle East and Southeast Asia. This has resulted in lower than expected earnings in this region over that period and substantial redeployment costs.