The vast majority of Norwegian offshore shipowners are saddled with too much debt, while all of them face a market with too many vessels, Norwegian analyst says
Massive debt and oversupply ‘will cripple OSV owners for years’ Read More »
Recent gains for platform supply vessels in the North Sea are likely to take a step back as 79 term vessels return to the market, according to Westshore Shipbrokers
Returning PSVs and winter set to trample recent spike in demand Read More »
Offshore vessel owners saw a net loss of potential vessel-users in August, with six rigs in and 12 rigs out
Half-step back for rigs providing OSV employment Read More »
Shipowners can take heart, the pendulum of oil company spending on offshore is finally swinging back
Pareto survey predicts offshore spending will jump 10% in 2019 Read More »