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    North Sea market remains tight

    Contracts, Tenders and Rates // May 4, 2001
    Offshore Shipbrokers in Aberdeen says the last month has seen availability of anchor handlers at its tightest for some considerable time.

    Whilst booking vessels in advance may have protected operators from having to wait to move their rigs it also had the effect of pushing rates up to 45,000 - a level that not seen for some time.

    Even the smaller Toisa supply vessels for cargo runs were obtaining 14,5000 level.

    This level of activity and rate level is expected to continue for sometime.

    Amazon Tide has gone to West Africa whilst Northern Chaser has departed for Brazil.

    The AHTS Lady Elaine is now back in the North Sea from Australia - many will remember her when she was the Tender Tracer, which was built in 1982.

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