ShippingWatch

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.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

CMA CGM expects sharp decline in freight rates

The outlook for the container market looks somewhat more gloomy in the coming time, estimates French CMA CGM. However, the container shipping company still recorded growth on top and bottom lines in third quarter.

Further reading

Related articles

Latest news

See all jobs