Fleet Reactivations Not Likely To Solve OSV Market Needs

Posted
Matthew Rigdon, Executive VP and COO

As the OSV market continues to remain tight into foreseeable future, charterers of OSVs in our industry are scrambling to figure out how to meet their increasing vessel needs. Many industry observers point to a reactivation of the remaining stacked fleet as a means to bring additional supply to the market. When considering the only truly…