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    North Sea ERRV market quieter

    News // March 10, 2008

    Offshore Shipbrokers Ltd (OSL) says the†ERRV market in the North Sea has been somewhat†quieter of late, with†much improved availability for charterers in recent weeks, mainly caused by a number of vessel options not being exercised.

    "Looking ahead, availability during March†and April looks reasonable but from May onwards things are beginning to look tight once again," said OSL.

    "After initially being plagued by long delays BPís jigsaw programme has now been up and running for several months with Regions 1 and 2 currently operating and Region 3 (Magnus) expected to go into operation around the end of April 08," said OSL.

    "This†means that all four†of the RSVís are finally undertaking their intended roles covering Jigsaw Regions 1, 2 & 3, with the 4th vessel being utilised for roving relief."

    Vroon, now the North Seaís largest ERRV operator, are also in the news once again this time ordering a further two ERRVís of the IMT955L design which will be built in Spain. These vessels will be due for delivery in early and mid 2011 and are part of Vroon's ongoing fleet upgrade and renewal programme.

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