hockless in A Sentence

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    VV's Hockless also weighs in, adding,“The nature of these laid up ships also blurs the real fleet size.

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    Finally, says Hockless,“These leaner times have forced drillers to reduce costs, and they have done so with great success.

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    Indeed, VesselValue's Charlie Hockless summed up the situation in late November,"These leaner times have forced drillers to reduce costs, and they have done so with great success.

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    Hockless continues,"It is also important to note that consolidation in today's market only works if lenders are willing to take haircuts and provide an opportunity for these companies to start afresh with a clean balance sheet.

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    Hockless adds,“What also concerns analysts and market commentators is the fact that the banks are the ones who need to cooperate with the shipowner in order for this process to occur, and it could be the case that they are preventing other shipowners from following Tidewater and Gulfmark.”.

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    Com's Head of Offshore, Charlie Hockless told MarineNews,“I would agree that there are murmurs of a potential market recovery brewing, however, there remains a considerable number of vessels that could theoretically be reactivated when rates recover, making these vessels a danger for the future market by elongating the downturn.”.

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