80 supply vessels too old for North Sea jobs

Shipbroker Hagland Offshore estimates that 80 of the currently 110 stacked offshore vessels are either too small or too old take on new jobs in the North Sea. The 80 vessels, according to the broker, have cost a combined USD 1.88 billion to build.

by SØREN PICO

80 of currently 110 idled offshore supply vessels do not meet the standards required to enter new contracts for work in the North Sea, estimates shipbroker Hagland Offshore in a report.

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