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    ERRV vessel market remains firm

    News // September 17, 2004
    Offshore Shipbrokers Ltd (OSL) says the ERRV market in the North Sea remains firm with a good number of term fixtures being concluded and several vessels remaining with rigs as they switch between operators.

    "The ERRV spot market has also remained firm with very limited short term availability being the norm," said OSL in its latest monthly report.

    Interesting news on the market is that Norwegian investment company Kistefos have now bought out partner BUE Marine from BUE Viking. This therefore means BUE Viking is now owned 100 per cent by Viking Supply ships.

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