The topic took centre stage during the Nasdaq-quoted company’s third-quarter conference call with analysts and investors.
During the question-and-answer session chairman Horacio Reyser acknowledged that efforts to obtain what he described as an “independent valuation” of the operator’s ocean transportation business are already underway.
“In terms of a general view of the company going forward, offshore is a place where we think there still exist opportunities for growth,” he added before hinting that proceeds would likely be applied towards debt reduction.
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