Page 53: of Marine News Magazine (November 2017)

Workboat Annual

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fter oil prices plunged in late 2014 – pressured by shale output – demand for offshore vessels in the

AGulf of Mexico shrank, day rates for boats fell and non-working units were idled. This year, several GoM boat builders

Marine News

Marine News is the premier magazine of the North American Inland, coastal and Offshore workboat markets.