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Analysts: Offshore carriers do not impair enough

In spite of massive impairments at many Norwegian offshore carriers, the fleets of vessels are still valued too high, several analysts tell Maritime.no. One analyst notes that the ties are too close between carriers and shipbrokers.

Even though, impairments have already been made for almost USD 819 million on the fleet values at the ten largest offshore carriers in Norway due to the low oil price, the fleets are far from impaired as much as they should be with the current market outlooks, say several analysts to Norwegian media Maritime.no.

Analyst at Swedbank, Pål Ringholm, tells Maritime.no that the booked values - as well as the values brokers have put on the vessels - are much too high, and he refers to the 80 percent rule.

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