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Offshore Support Journal

Offshore Support Journal

OSV Market Analysis & Data

  • Nigeria belatedly tackles maritime reforms

    Nigeria belatedly tackles maritime reforms

    The Nigerian maritime sector continues to struggle under the weight of an inefficient and out-dated regulatory regime, coupled with endemic corruption. But could the possibility of a decommissioning boom be a much-needed catalyst for change?... Read more

    Tue 14 Aug 2018

  • An Indian summer for the OSV sector?

    An Indian summer for the OSV sector?

    The Indian OSV sector has shrugged off the economic woes that have hampered its counterparts elsewhere and is enjoying a period of substantial growth, writes Selwyn Parker... Read more

    Tue 12 Jun 2018

  • Gas fuels Australia’s OSV activity

    Gas fuels Australia’s OSV activity

    Speak to anyone involved in offshore support operations in Australia and the talk soon turns to the country’s LNG extraction work and its knock-on benefits to a diverse fleet of support vessels.... Read more

    Tue 15 May 2018

  • A high oil price will not lift all boats

    A high oil price will not lift all boats

    The Middle East remains the global bright spot in the OSV market and the oil price is hovering around US$75 a barrel. Still, the industry is not out of the woods, as Westwood Global Energy Group director Thom Payne told Riviera’s Middle East Offshore Support Journal Conference... Read more

    Tue 15 May 2018

  • No Spring fever in the North Sea

    No Spring fever in the North Sea

    Term rates in the North Sea platform supply vessel (PSV) market have been rising steadily since the beginning of the year, but it’s hardly an outbreak of spring fever... Read more

    Fri 13 Apr 2018

  • West Africa’s gradual recovery characterised by short, not long-term projects

    West Africa’s gradual recovery characterised by short, not long-term projects

    Owners looking to West Africa for work should expect only a gradual improvement in the market in 2018, but 2019 is expected to be a better year for demand for their services... Read more

    Thu 05 Apr 2018