Large PSV market 'in danger due to oversupply'

Other two markets in offshore sector better balanced: Jaccar CEO

THE market for large platform supply vessels (PSVs) operating in the deep-sea segment may be running into trouble due to oversupply - a situation that could tamp down utilisation and charter rates in the near to mid-term.

Jacques de Chateauvieux, chairman and chief executive of the European-based maritime...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to