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Fredriksen's Deep Sea Supply idles two offshore vessels

John Fredriksen-owned carrier Deep Sea Supply has laid up two more PSVs and reports that AHTS rates have dropped 29 percent this month.

Two more ships have been pulled from the offshore market due to a lack of jobs, namely two unnamed PSVs from carrier Deep Sea Supply, in which John Fredriksen’s holding company Hemen Holding is a major shareholder, according to a statement.

The move means that five of the company's 25 PSV units have now been idled, while the remaining PSV fleet spent September employed at rates of USD 13,000 per day, a drop of USD 1,200 per day compared to the rates in August 2015.

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