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MARKETS OSVs © JT Jeeraphun / Adobe Stock
THE ASIA
PACIFIC OSV
MARKET:
DOWNSHIFTING FOR
THE LONG HAUL 2025 was a year of recalibration, continuing the sofness experienced since the fourth quarter of 2024. Rather than a slowdown, this period can be better described as a collective deep breath as the industry prepares for the next upcycle in the Asian Pacifc region.
By Michelle Yeo, Market Analyst at Fearnley Offshore Supply 16 OFFSHORE ENGINEER OEDIGITAL.COM