Siem Offshore bags more long-term contracts in busy energy market

The market for vessels servicing the oil and wind sector is heating up. However, it warms slower than Siem Offshore had expected.

"The expected increase in activity around the world continues to strengthen," the offshore shipping company writes in its second quarter report. | Photo: Pr / Siem Offshore

by DANIEL LOGAN BERG-MUNCH

Offshore vessels in the North Sea are getting busier and busier as oil and wind companies launch new projects.

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