Entries Written By Peter Edwards
OSV Utilization Eases in 2025 with Supply Constraints Setting Stage for Rebound
The Offshore Support Vessel (OSV) market has experienced strong growth in recent years. Both 2023 and 2024 saw healthy utilisation and firming rates across key regions, lifting sentiment after years of a weak market following the oil price crash in 2014. Stronger activity as a result of rising oil prices in 2022 pushed global utilisation …
2024 Half Year Review: Offshore Sector
This offshore sector half year review is one of a series of reports providing a summary analysis of the first half of 2024 in the tanker, bulker, container, offshore, and LNG / LPG sectors. In each, we explore three areas: the newbuild market, second-hand sale and purchase activities, and demolition trends. Combining Veson’s extensive datasets …