Question-and-Answer Session
Operator
(Operator instructions) Our first question is from the line of Judson Bailey with Jefferies & Co. Please go ahead
Judson Bailey – Jefferies & Company
Todd, on last call you gave us some spot rate information for your 240 foot class vessels. Would you mind giving us an update on spot market conditions for those two classes?
Todd Hornbeck
I think the 200 class, while we’re going into the winter in the first of next year, we will be around the $20,000 range and the 240 classes seem to be holding up a lot better at the $25,000 to $30,000 range.
Judson Bailey – Jefferies & Company
Okay. Is that kind of your expectation as you look forward in the next three to five months?
Todd Hornbeck
On average; I mean we may see some dip down into the high teens but I think that’s just real transitory very narrow, but the average should remain in the 20s.
Judson Bailey – Jefferies & Company
My follow-up is just with all the dramatic decline in commodity prices and as you’re marketing some of your new built vessels and looking for some term contracts, I’m just curious if you could give us some color on what your customers are saying. Have the conversations changed at all; maybe just provide some color there.
Todd Hornbeck
Of course with the drastic change in commodity prices and the financial markets, I would take some of our customers will pause; we have not seen that. All the customers that we’re working for of course who are leveraged more to the deep water as you know are still very bullish and the long-term projects that they have, they’re going forward on.
I would just assume we would start to see some of that particularly on the shale and maybe some, probably with delays in shipyards like with the rigs, we might see some delays to the right, but right now things seem to be pretty stable but we’re going to be cautious and we’re going to be very conservative going forward for the first part of ?09 until we see what we have.
Operator
Thank you. Mark Brown with Pritchard Capital Partners; please go ahead with your question.
Mark Brown – Pritchard Capital Partners
Hi good morning. I just wanted to ask about the HOS Achiever. I don’t know if you can comment at all about what day rates you’re seeing out in the market for hurricane work in the Gulf of Mexico and even flotel work in Mexico. Are those the kinds of projects you would expect to put this MPSV on?
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