We are quite disappointed at the unprofessional and dangerous acts of the ships. The company is preparing to file a lawsuit against the ships' operators because they not only brought danger to Odyssey, but to their own ships. The company will file a lawsuit against the crew members too since they violated a lot of maritime affairs rules.

It's a real showcase of how older historical homes can be transformed into 21st century livable homes. It shows that you don't have to tear down what we value from the past.

We have been very disappointed in the unprofessional and dangerous behavior that some of the local vessels have engaged in during the course of our operations. It is distressing to see the casual attitude that some local Captains take toward marine laws and safety, a matter we take very seriously. On numerous occasions during the past weeks, we have seen small local boats approach our ship in a careless manner, apparently not realizing the danger of their actions. The thrusters that are engaged during dynamic positioning operations present a serious threat to small vessels that come too close, which is why we request a safe working perimeter through the Notice to Mariners. We are seeking legal redress to prevent this from happening in the future in order to avail ourselves of every avenue available before someone is seriously hurt or worse.

We respect international law and have continued the Sussex project based on the official communications that have taken place between the relevant governments and transmitted to Odyssey.

There is something Canada can do because the ships would have to travel through internal Canadian waters and if the government of Canada says 'no' to the transport of those tankers through those waters, the project would not go ahead,

The outlook revision on San Miguel reflects our view that the company is likely to be less aggressive in its future acquisitions, thereby reducing the likelihood of further deterioration in its financial risk profile.