Page 13: of Offshore Engineer Magazine (Sep/Oct 2023)
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MARKETS OFFSHORE SUPPORT VESSELS ©Igor Hotinsky/AdobeStock
The Platform Supply Vessel market is heading towards full utilization for high-specification units, driving dayrates to levels not seen in a decade. However, it is interesting to note that when it comes to the North Sea fleet, all comparable regions are now accelerating at rates far higher than the North Sea.
By Theodor Sørlie, Market Analyst at Fearnley Offshore Supply 14 OFFSHORE ENGINEER OEDIGITAL.COM