Page 12: of Marine News Magazine (November 2019)

11 13

BY THE NUMBERS 2010/2011) for USD $36.6 mil. Also effecting values was glitters isn’t gold, as the GOM as an operating region is the Lewek Aquarius (5,400 DWT, May 2012, Remon- still struggling compared to other global regions, and the towa) being purchased for USD 11 mil SS/DD due, by global softening in values has done nothing for vessel and

REM Offshore. VV value’s ‘day before sale’ was USD 14.8 company values. Moreover, most reports suggest that US mil. Over the course of 2018, VesselsValue data shows the GOM oil production has been growing and shows no value of a 0-to-5 year-old PSV dropped by ~20%. signs of slowing down. This growth has yet to