Increased activity for drilling rigs deployed in the Norwegian part of the North Sea has led to rising demand and higher rates on the so-called anchor handling tug supply vessels, reports Finansavisen.
Of a global fleet of 4,000 PSV and AHTS vessels, upwards of 500 should be scrapped, according to Fearnley Offshore Supply. Severe overcapacity of supply ships remain an obstacle to an upturn in the sector, where Norwegian players in particular are plagued by towering debt.
Raterne for ankerhåndteringsskibe i Nordsøen er tordnet i vejret, og flere rederier har ifølge Finansavisen lukket kontrakter til over en halv mio. norske kroner om dagen – mere end dobbelt så meget som for bare en uge siden og det højeste niveau i år.
Siem Offshore reduced its losses in the first quarter of this year compared to last year. For the PSV segment, demand is rising, while contracts in another segment are "non-existing," states quarterly report.