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The Company shall aim at establishing a sound financial structure, reflecting the capital intensive nature of its business, the offshore market fluctuations and the duration of the contract portfolio for the fleet. In this respect, the Company shall ensure that its equity basis is sufficient. The Board of Directors continually reviews the capital situation in light of the Company’s targets, strategies and risk profile.
The Company shall provide its shareholders with a competitive return on investment over time. The Company’s target is that the underlying values shall be reflected in the share price. Long-term, the Company shall aim at paying a dividend to its shareholders on a regular basis. Near-term, the Company’s focus will be on expanding the fleet of units based on the proprietary Sevan design and on growth in the Company’s share price based on the market’s valuation of existing and future earnings.
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