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    Supply vessel market tighter in April, says broker

    News // May 9, 2003
    The market in the North Sea throughout April was fairly tight although towards the end of the month it softened, reported broker Offshore Shipbrokers recently.

    Estimated utilisation for the month will have been about 80 per cent with rates for PSVs being in the range of 6/15,000 and AHTS in the 8/19,000 range.

    "From the owners perspective the prospects for the second and third quarters look reasonable but what happens in September is still anyone's guess," said the company.

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