Why does one take work or try to take work when it is a loss to the operator? Is that not the kind of competition that drives companies out of business? What happens if all the operators are working losing contracts....do they get to claim the bigger market share bragging rights or something?
I think I like the good old days when Gentlemen ran companies and decided amongst themselves how to compete and everyone make money. It may not have been perfectly legal but life was better all around. (except the GOM maybe) I am thinking more of the non-American part of the industry. We never really got into that concept unfortunately.
Am I dreaming or is there something extra in my tea this morning?