Offshore supply vessel owners facing tough market

摘要

Over a period of 70 years, the offshore supply vessel (OSV) industry has grown and evolved to meet the needs of ever-more challenging offshore oil fields. The cyclical nature of the oil and gas industry generates a repeated succession of boom and bust business cycles, which periodically roil the OSV industry. At the present time, the value of offshore equipment is down, the value of oil service companies is down, and stock values are down. Such a profound market-driven fall in values, paired with an apparent imminent recovery, creates significant opportunities for investors and entrepreneurs. According IHS Markit's Global Supply Vessel Forecast, demand for platform supply vessels (PSVs) greater than 3,000 deadweight tonnes in the Americas will bottom out in 2017 with gradual increases in demand through 2018.