Newbuilds likely to be needed as Southeast Asia’s OSV fleet ages
Southeast Asia’s fleet of platform supply vessels (PSVs) and anchor-handling tug/supply (AHTS) vessels is ageing. At the same time, demand is increasing, driven by higher oil prices and concerns about energy security. As MSI associate director Todd Jensen told OSJ, anchor-handling tugs account for around 70% of active vessels in the region. Mr Jensen and his … Continue reading Newbuilds likely to be needed as Southeast Asia’s OSV fleet ages →