Page 18: of Maritime Reporter Magazine (April 2019)

Navies of the World

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BY THE NUMBERS OSVs powered by

Top OSV Country Fleets by Value

Company # of Vessels Value $m

United States of America 1,299 $5,128

Norway 405 $3,155

Singapore 670 $2,638

Malaysia 469 $1,870

Brazil 213 $1,667

Top OSV Company Fleets by Value

Company # of Vessels Value $ m

Edison Chouest Offshore 222 $1,619

Tidewater Marine 185 $874

Solstad Offshore 99 $737

Nam Cheong International Ltd 70 $687

Sovcom? ot 10 $552

Age Pro? le of OSVs Operating in GOM

Age Group # of Vessels Value $m 0-4 66 $970 5-9 200 $1,510 10-14 258 $616 15-19 154 $151 20-24 119 $74 25-29 28 $7 30-34 12 $3 35-39 97 $26 40-44 76 $20 45-49 16 $4 50+ 3 $0.4

Grand Total 1,029 $3,381

Global OSV Layups by Region

Region Percentage Laid Up PSV AHTS AHT Crew Boat/ Oceangoing Standby/ Fast Supply Tug ERRV

South-East Asia 38.2% 27.3% 28.8% 29.1% 19.5% 31.6%

Persian Gulf 25.5% 22.5% 12.2% 8.3% 15.7% 38.5%

Gulf of Mexico 41.3% 48.2% 60.6% 27.8% 20.9% 100.0%

Northwest Europe 18.3% 31.7% 8.7% 6.4% 7.0% 9.3%

West Africa 30.8% 37.2% 23.9% 13.5% 8.3% 72.7%

Grand Total 33.1% 29.4% 21.3% 18.8% 15.6% 17.2% 18 Maritime Reporter & Engineering News • APRIL 2019

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Maritime Reporter

First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.