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    More vessels laid up on both sides of the Atlantic

    News // November 30, 2009

    Nor-Ocean Offshore reports that availability in the spot market in the North Sea has been reduced the last few days due to bad weather delaying ongoing operations as well as quite a few new fixtures.

    "PSVs have been fixed in the region 3,000-6,000. However, there are still plenty available tonnage both in Aberdeen and ex Norway. The latest disclosed AHTS fixture was Maersk Logger at approximately Nkr50.000."

    Nor-Ocean Offshore said laying up of vessels continues, and the latest companies to take vessels out of service is Danish owner Esvagt which has laid up four standby vessels in the North Sea, and Italian owner Augusta Offshore which is taking one older PSV and one AHTS which were trading in the Mediterranean out of service.

    "In total around 150 AHTS and PSVs are now laid up, of which seven are in the North Sea," said the broker. "By comparison in the Gulf of Mexico 99 vessels have been laid up, with an average age of more than 25 years, which could imply vessels being naturally phased out. "

     

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