DVB Bank says demand for OSV is set to increase

News - February 6, 2012

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Frankfurt-based analysts at DVB Bank say they expect demand for anchor handing tug supply (AHTS) vessels to increase by 9.5 per cent year-on-year in 2012 and 2013, to reach 1,381 vessels.

PSV demand from a current fleet of 2108 vessels is forecast to increase by 10 per cent in 2012 and 2013.

Both vessel groups are expected to see annual fleet growth rates of around 9 per cent during the same period.

AHTS vessels with more than 10,000 brake horsepower are set to gain the most in utilisation rates, the analysts said, forecasting a return to 2008 levels by 2013 with a more moderate growth rate expected for smaller vessels.

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