Only slightly more than half of OSVs are currently employed

Although owners of offshore support vessels expect increasing demand, numerous challenges loom. Just over half of the global fleet is in operation the first quarter of 2021, according to a new analysis.
Photo: PR / Siem Offshore
Photo: PR / Siem Offshore

The crisis in the oil and gas industry, brought about by a price war, production limitations and the Covid-19 pandemic, has had a significant impact on the market for offshore support vessels (OSVs), a new analysis shows.

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

Share article

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