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    Standby vessel market getting tighter, says OSL

    News // April 16, 2004
    The ERRV market in the North Sea is steadily improving says Offshore Shipbrokers Ltd (OSL).

    "Things are now becoming extremely tight with very limited availability indeed," said OSL in its March market report.

    "Rates for latest term ERRV fixtures are now in excess of the 4,000 leveland are expected to continue to rise as availability tightens further," reported OSL.

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