Page 8: of Maritime Reporter Magazine (November 2023)
Workboat Edition
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By the Numbers
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OSVs
This month VesselsValue offer insights and a breakdown of the ever-evolving, always entertaining Offshore Service Vessel (OSV) market.
Top OSV Owning Companies (Value)
Bene? cial Owner Value ($) # Vessels
Tidewater Marine 2,099.1 152
Edison Chouest Offshore 2,059.3 153
Hornbeck Offshore Services 1,254.7 69
Bram OTM 705.9 33
Tidewater Offshore Operations 689.7 49 (By Country)
United States of America 8,386.2 894
Norway 3,319.1 216
Brazil 3,257.6 248
Singapore 2,754.9 483
China 2,571.0 450
Top OSV Buying Companies (Spend)
Buyer Company Spend ($) # Vessels
Tidewater Marine 596.7 38
Britoil Offshore 236.8 29
Hornbeck Offshore Services 146.1 9
Golden Energy Offshore 79.0 4
Posidonia Shipping and Trading 66.3 3 (By Country)
United States of America 780.7 54
Singapore 264.4 32
Norway 179.9 11
Brazil 117.4 9
United Arab Emirates 76.6 13 *Total spend calculated using reported sale price where known and VV value at time of sale where undisclosed.
Highest Value OSV
Name Stepan Makarov
IMO 9753727
Bene? cial Owner Sovcom? ot
Type STANDBY / ERRV
Build Date Jun 2017
Age 6.38 years
Builder Helsinki Shipyard
BHP 24,138
Length Overall 104.4m
Ice Class ARC6
Market Value (USD m) $102.84 8 Maritime Reporter & Engineering News • November 2023
MR #11 (1-17).indd 8 11/3/2023 10:15:16 AM