Prosafe reports highest fleet utilization since 2019

Hotel rig company Prosafe's fleet utilization rate has been at its highest in the past three months since the second quarter of 2019. The high fleet utilization comes after several inactive rigs due to i.a. maintenance.

Hotel rig Safe Scandinavia, the focal point of a lawsuit this year, has been inactive in the third quarter. | Photo: Prosafe

Prosafe, which rents out accommodation vessels to the oil sector, saw the highest fleet utilization rate in the third quarter since 2019.

The utilization rate in the past three months has gone up to 70.9 percent against 16.4 percent in the same period last year, writes Prosafe in an announcement.

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