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Global offshore E&P vessels market-I: In complete doldrums
Apr 04:   The global offshore fleet consists of around 10,000 vessels across 30 vessel sub types with anchor handling tugs, platform supply vessels and crewboats representing more than half of this. These supply and service vessels are supporting over 1,000 drilling rigs and floating production units in exploration and production activity. In addition, there are over 1,000 offshore construction, crane, subsea support, pipelaying, inspection, maintenance, repair vessels in many shapes and sizes.
8But the industry is currently in doldrums and the newbuildings market is in shambles. In this context, predicting the future has become increasingly difficult.
8Nevertheless, the website carries here a year-wise supply and cumulative fleet strength projection for key vessel categories right up the year 2035.
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