Rising oil prices are still a long way off – WorkBoat
In August, demand for platform supply vessels accelerated somewhat with hurricane preparedness and evacuations at sea. Yet, according to IHS MarkitDemand for MarineBase’s offshore service vessels was only 22.6% in August, down from 30.4% a year ago.
Since February, demand for OSV has slipped rapidly, losing about three forward charters per month as the platforms exit contract. August reversed…