More merger and consolidation activity is likely in 2019 in the offshore support vessel (OSV) sector, Clarksons Platou Securities believes.
Following the combination with GulfMark last year, US giant Tidewater "may have a taste for further deals as long as they are paid with equity and justifiable from a relative valuation perspective," said Clarksons Platou's managing director of equity and credit research, Turner Holm, in his preview of the year.
