ERRV market remains tight says OSL
News - May 19, 2006
Offshore Shipbrokers Ltd (OSL) in the UK says the ERRV market in the North Sea saw a steady stream of term fixtures being reported during April, but says little in the way of term requirements are now outstanding.
"Despite this, optimism towards the long term market remains high," said OSL, "with Nomis announcing a further newbuild order, albeit for a medium AHTS. BP continues to suffer delays with its Jigsaw programme with owners reporting contract extensions of their incumbent vessels through to early July this year."
"Spot availability has, however, seen a slight improvement during April, but with much of the tonnage currently available due to commence term charters, we expect things to tighten once again," OSL concluded in its latest monthy review of the market.
More articles from this category
More news
- Three MacGregor offshore cranes specified for new dive support vessel
Equipment & Technology - May 21, 2013 - SembCorp Marine acquires Equinox Offshore entities
Company News - May 21, 2013 - Gibdock completes refit on WG Cook
Yard News - May 21, 2013 - Sentinel Marine invests in more newbuilds
Vessel & ROV News - May 21, 2013 - Leevac benefits from latest round of Hornbeck newbuilds
Yard News - May 21, 2013 - Scrabster supply base moves to next phase
News - May 20, 2013 - New appointments at Saab Seaeye
Company News - May 20, 2013 - Revised IMCA diving equipment document available for consultation
Publications - May 20, 2013 - IMCA publishes guidlines on ROV installation on vessels
Publications - May 20, 2013 - Atlantic Offshore commissions powerful ERRV
Vessel & ROV News - May 20, 2013 - Harkand to acquire Veolia Marine Services
News - May 20, 2013 - IMCA issues guidance on DP positioned jack-ups and use of dumb barges
Publications - May 17, 2013 - Ibercisa delivers towing winches for Heerema AHT
Equipment & Technology - May 17, 2013 - Kongsberg obtains rights to commercialize Seaglider technology
Vessel & ROV News - May 17, 2013 - Modus invests in another ROV
Vessel & ROV News - May 17, 2013
