ERRV market remains extremely tight, says broker News
// April 29, 2005
Offshore Shipbrokers Limited (OSL) reports that the ERRV market in the North Sea remains "extremely tight" with most UK owners having only occasional spot availability for a few weeks at a time.OSL also said the term market is equally as busy with charterers now finding it difficult to secure suitable vessels to cover requirements."Spot and Term rates will therefore continue to creep upwards as availability remains extremely tight and with the rig market virtually sold out for the rest of the year it looks like this situation will last for several months more," said OSL.
More articles from this category
More newsContracts, Tenders and Rates // October 20, 2017Equipment & Technology // October 20, 2017Contracts, Tenders and Rates // October 20, 2017Vessel & ROV News // October 20, 2017Company News // October 20, 2017Company News // October 19, 2017Company News // October 19, 2017News // October 19, 2017Projects and Operations // October 19, 2017Yard News // October 18, 2017Vessel & ROV News // October 18, 2017Contracts, Tenders and Rates // October 18, 2017Company News // October 18, 2017Company News // October 17, 2017Company News // October 17, 2017