Page 12: of Offshore Engineer Magazine (Mar/Apr 2026)

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MARKETS OSVs © wanfahmy / Adobe Stock

TIGHT SUPPLY DRIVES SURGE

IN HIGH-END AHTS DAYRATES

With one year since the last AHTS report, we have now started to see the efects of a tightening supply-demand balance as earlier predicted, which has translated into a signifcant uptick in the

North Sea spot market especially.

Te total global AHTS feet totals just south of 1,700 vessels, of which roughly - 250 units still remains cold stacked. Around one quarter of the total feet are predominantly low spec-vessels operating in the Middle East, followed by Southeast Asia with approximately 21%.

By Aleksander Gussøy Paulsen, Market Analyst at Fearnley Offshore Supply 12 OFFSHORE ENGINEER OEDIGITAL.COM