AHTS & PSV Charters: Latest Market Trends

MarineLink.com
Monday, October 21, 2013

The AHTS market bottomed out at at the end of last week at GBP 10K levels, however recent activity has seen and will continue to see rates increase, considers Westshore Shipbrokers.

In the AHTS market the high availability in Norway from earlier in the week has come down with one vessel available, while the UK sees three vessels prompt without future commitments. The market has tightened significantly at the close of the week and another rig move could push it even further.

In the PSV market, Westshore saw more availability than normal recently at the beginning of the week but that has now been picked up with utilization just about at maximum. Norway is sold out, while the UK sees one vessel prompt.

According to Westshore, analysts in the market have commented on the fact that utilization is still high despite a large number of rigs undertaking work in the yard. The market is tight with returning rigs likely to push demand and rates further upwards from the low point seen last week.

Westshore Shipbrokers was established in 1987. Their main focus is to provide the highest standard of Chartering, Sale & Purchase and Market Intelligence to the offshore vessel supply industry. Today Westshore is one of the leading independent offshore shipbroking houses in Norway with experience in the contracting and sale and purchase of offshore vessels both in Norway and on a global basis.

Source: Westshore Shipbrokers

Maritime Reporter February 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Electronics Retrofit for Taiwanese Research Vessel

L-3 SAM Electronics has been awarded a contract to retrofit propulsion control and automation systems aboard the Taiwanese Navy’s Ta Kuan hydrographic and oceanographic research vessel.

Keels Laid for Two Aluminum OSVs

Triangle Marine Services and Marine Core & Charter host keel laying ceremony for two Aluminum Fast Offshore Support Vessels   UAE-based shipbuilder Triangle Marine

Van Oord, Falck Ink Safety Training Deal

Van Oord has signed a two year contract with Falck Safety Services for the provision of safety training.   Van Oord, a contractor for dredging, marine engineering and offshore energy projects,

Offshore

Ulstein Verft Delivers 'Blue Queen’

On 24 February 2015, ‘Blue Queen’ a platform supply vessel of the PX121 design, was delivered to Blue Ship Invest from Ulstein Verft. This vessel is the first

Indonesia Upbeat Ahead of IORA Chair

Indonesia is gearing up to turn its foreign policy focus westward when its role as Indian Ocean Rim Association (IORA) chair begins later this year, reports Jakarta Post.

Petrobras Scandal About to Hit Brazil's Political Class

Brazil's top prosecutor is expected to file charges in coming days against politicians implicated in the Petrobras corruption scandal, a political bombshell that

Vessels

Electronics Retrofit for Taiwanese Research Vessel

L-3 SAM Electronics has been awarded a contract to retrofit propulsion control and automation systems aboard the Taiwanese Navy’s Ta Kuan hydrographic and oceanographic research vessel.

Keels Laid for Two Aluminum OSVs

Triangle Marine Services and Marine Core & Charter host keel laying ceremony for two Aluminum Fast Offshore Support Vessels   UAE-based shipbuilder Triangle Marine

RoRo Ship Enters Operation for WWL

Wallenius Wilhelmsen Logistics welcomes into operation the M/V Thermopylae, the first of its new generation of Post Panamax HERO (High Efficiency RoRo) PCTC vessels.

 
 
Maritime Standards Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1434 sec (7 req/sec)