Offshore Shipping Online

A publication for the offshore shipping industry published by Clarkson Research

  • Offshore Intelligence Monthly
  • Menu

    Broker provides update on ERRV vessel market

    News // January 7, 2005
    Offshore Shipbrokers Ltd (OSL) says the ERRV market was "extremely busy" during November and December with a large number of fixtures being concluded.

    "This is now leaving owners extremely short of tonnage to the point that most now only have one vessel available each for spot work. This also now looks to remain the case for the next few months and with availability so tight we can only expect to see rates for both spot and term work starting to rise," said OSL.

    More articles from this category

    More news