Clarksons Platou: Rates soar for anchor vessels in the North Sea

The struggling supply sector in the North Sea experienced a remarkable and welcome rebound in rates for anchored vessels in late February, with rates reaching GBP 100,000 per day and all contracts sold out.

Photo: Maersk Supply Service

A total of 74 supply vessels in the North Sea - PSVs, Platform Supply Vessels - were idled at the beginning of March amidst predictions that yet more would be pulled out while competition amongst the inactive vessels for the few contracts at play is obviously fierce, writes Clarksons Platou in the latest issue of its Global Support Vessel Monthly for March 2016. Meanwhile, anchor handling vessels experienced a remarkable and welcome rebound on rates.

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