One in five offshore ships in the world are stacked

One in five supply ships are laid up and have been so for a long time in an industry where Maersk is looking to get rid of Maersk Supply Service, and the large-scale merger Solstad Offshore is working to settle comprehensive restructuring plan. The market remains "very difficult," a shipowner tells ShippingWatch.
Photo: Colourbox
Photo: Colourbox

More than four years after the oil price collapsed, there is still significant unemployment among supply ships in the offshore sector. Even though the price of a barrel of oil is now significantly higher, shows a survey performed by Vessels Value for ShippingWatch.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
!
!
Must contain at least 6 characters
!
Must contain at least 2 characters
!
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

!
Newsletter terms

Front page now

Further reading