The Middle Eastern Offshore Market (2)
What are TDW and SMHI going to do with their Middle Eastern presence?
This is Part 2 of an interview about the Middle Eastern OSV market.
Please read Part 1 for context, before continuing.
Ed: You mentioned something earlier about how OSV expenses are different in the Middle East than in the North Sea. What were you referring to? Is it cheaper to operate vessels down there? Or what is the difference exactly? What effects profit margins?