Offshore Shipping Online

A publication for the offshore shipping industry published by Clarkson Research

  • Offshore Intelligence Monthly
  • Menu

    Broker provides update on ERRV market

    Contracts, Tenders and Rates // May 28, 2004
    Offshore Shipbrokers Ltd (OSL) reports that the sport and term markets in the North Sea ERRV market have continued to tighten significantly with very limitedavailability on both.

    Rates for recent term ERRV fixtures are reported to be in excess of £4000with spot rates being even higher.

    "This situation looks to continue as more rigs come of lay-up and further requirements come to the market," said OSL.

    More articles from this category

    More news