Anchor handling tug supply vessel

Insights on the Offshore Support Vessels Global Market to 2027 - Featuring Maersk, Siem Offshore and Tidewater Among Others - ResearchAndMarkets.com

Retrieved on: 
Friday, September 3, 2021
Transport, Maritime, COVID-19, Platform supply vessel, CAGR, Anchor handling tug supply vessel, Al Basra-class offshore support vessel, Growth, Pet

The "Offshore Support Vessels - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Offshore Support Vessels - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
  • The U.S. Market is Estimated at $6.1 Billion, While China is Forecast to Grow at 4.5% CAGR
    The Offshore Support Vessels market in the U.S. is estimated at US$6.1 Billion in the year 2020.
  • In the global Multipurpose Supply Vessels segment, USA, Canada, Japan, China and Europe will drive the 5.6% CAGR estimated for this segment.
  • Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$3.2 Billion by the year 2027.

Global Offshore Support Vessel Markets, 2021-2026: AHTS, PSV, MPSV, Standby & Rescue Vessel, Crew Vessel, Chase Vessel, Seismic Vessel - ResearchAndMarkets.com

Retrieved on: 
Wednesday, June 30, 2021
Transport, Maritime, Petroleum production, Wind power, Offshore wind power, Offshore engineering, Anchor handling tug supply vessel, Offshore, Construction, Engineering, Energy technology, Platform supply vessel, Oil platform

The "Global Offshore Support Vessel Market by Type (AHTS, PSV, MPSV, Standby & Rescue Vessel, Crew Vessel, Chase Vessel, Seismic Vessel), Application (Shallow water and Deepwater), End-User (Oil & Gas and Offshore Wind), and Region - Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Offshore Support Vessel Market by Type (AHTS, PSV, MPSV, Standby & Rescue Vessel, Crew Vessel, Chase Vessel, Seismic Vessel), Application (Shallow water and Deepwater), End-User (Oil & Gas and Offshore Wind), and Region - Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.
  • Thus, the growth in deployment of offshore wind farms would be the opportunity for the offshore support vessel market during the forecast period.
  • The global AHTS market dominated the global offshore support vessel market owing to increasing shallow-water activities in the Asia Pacific region.
  • Offshore Support Vessel Market In Asia Pacific, by End User and Country: Oil & Gas Segment and India Dominated offshore Support Vessel Market In Asia Pacific In 2020
    Increasing investments for offshore wind farm construction, combined with development of offshore oil & gas reserves

Offshore Support Vessel Market Worth $26.8 Billion by 2026 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, June 21, 2021
Anchor handling tug supply vessel, Shipbuilding, Petroleum production, Offshore engineering, Economic taxonomy

CHICAGO, June 21, 2021 /PRNewswire/ -- According to the new market research report " Offshore Support Vessel Market by Type (AHTS, PSV, MPSV, Standby & Rescue Vessel, Crew Vessel, Chase Vessel, Seismic Vessel), Application (Shallow water and Deepwater), End-User (Oil & Gas and Offshore Wind), and Region - Global Forecast to 2026", published by MarketsandMarkets, the global Offshore Support Vessel Market is expected to grow at a CAGR of 4.0%, from 2021 to 2026, to reach a market size of USD 26.8 billion by 2026.

Key Points: 
  • CHICAGO, June 21, 2021 /PRNewswire/ -- According to the new market research report " Offshore Support Vessel Market by Type (AHTS, PSV, MPSV, Standby & Rescue Vessel, Crew Vessel, Chase Vessel, Seismic Vessel), Application (Shallow water and Deepwater), End-User (Oil & Gas and Offshore Wind), and Region - Global Forecast to 2026", published by MarketsandMarkets, the global Offshore Support Vessel Market is expected to grow at a CAGR of 4.0%, from 2021 to 2026, to reach a market size of USD 26.8 billion by 2026.
  • Increasing deepwater activities and decommissioning of aging offshore infrastructure is likely to offer lucrative opportunities for the Offshore Support Vessel Market.
  • Government regulations and high operational risks continue to be challenges for the Offshore Support Vessel Market.
  • The leading players are adopting various strategies to increase their share in the Offshore Support Vessel Market.

Offshore Supply Vessel Market 2020-2024 | Post-Pandemic Industry Planning Structure | Technavio

Retrieved on: 
Monday, December 7, 2020
Maritime, Energy, Transport, Oil, Gas, Offshore engineering, Petroleum production, Platform supply vessel, Anchor handling tug supply vessel, Shipping, Compound annual growth rate, Water transport, Academic disciplines

The global offshore supply vessel market will grow by USD 4.77 billion, progressing at a CAGR of over 4% during the forecast period.

Key Points: 
  • The global offshore supply vessel market will grow by USD 4.77 billion, progressing at a CAGR of over 4% during the forecast period.
  • However, the market growth is expected to gain traction as many downstream operations are upgrading their systems and pushing toward more flexible work.
  • The offshore supply vessel market size is expected to accelerate at a CAGR of over 4% during the forecast period.
  • The offshore supply vessel market is segmented Type (AHTS, PSV, FSIV, MPSV, and Others) and Geography (APAC, Europe, North America, MEA, and South America).

Akastor ASA: Restructuring of DDW Offshore completed

Retrieved on: 
Monday, October 12, 2020
Shipping, Shipbuilding, Anchor handling tug supply vessel, Water transport, Freight transport, Offshore, Siem Offshore, Farstad Shipping

Akastor is a Norway-based oil-services investment company with a portfolio of industrial holdings and other investments.

Key Points: 
  • Akastor is a Norway-based oil-services investment company with a portfolio of industrial holdings and other investments.
  • The company has a flexible mandate for active ownership and long-term value creation.
  • DDW Offshore owns five modern Anchor Handling Tug Supply (AHTS) vessels with capability to operate and support clients on a world-wide basis.
  • The vessels are specially designed to perform anchor-handling, towing, and supply services at offshore oil and gas fields.

Akastor ASA: Restructuring of DDW Offshore completed

Retrieved on: 
Monday, October 12, 2020
Shipping, Shipbuilding, Anchor handling tug supply vessel, Water transport, Freight transport, Offshore, Siem Offshore, Farstad Shipping

Akastor is a Norway-based oil-services investment company with a portfolio of industrial holdings and other investments.

Key Points: 
  • Akastor is a Norway-based oil-services investment company with a portfolio of industrial holdings and other investments.
  • The company has a flexible mandate for active ownership and long-term value creation.
  • DDW Offshore owns five modern Anchor Handling Tug Supply (AHTS) vessels with capability to operate and support clients on a world-wide basis.
  • The vessels are specially designed to perform anchor-handling, towing, and supply services at offshore oil and gas fields.

Hermitage Offshore Services Ltd. (NYSE:PSV) Announces Sale of Two Anchor Handling Tug Supply Vessels

Retrieved on: 
Tuesday, August 11, 2020
Shipping, Water transport, Freight transport, Anchor handling tug supply vessel, Shipbuilding, Platform supply vessel, Siem Offshore, Ulstein Group

HAMILTON, Bermuda, Aug. 11, 2020 (GLOBE NEWSWIRE) -- Hermitage Offshore Services Ltd. (NYSE:PSV) (Hermitage Offshore, or the Company) announced today that it has sold its two anchor handling tug supply vessels (the Transaction).

Key Points: 
  • HAMILTON, Bermuda, Aug. 11, 2020 (GLOBE NEWSWIRE) -- Hermitage Offshore Services Ltd. (NYSE:PSV) (Hermitage Offshore, or the Company) announced today that it has sold its two anchor handling tug supply vessels (the Transaction).
  • Following the Transaction, there is no outstanding liability of the Company or its subsidiaries under the $9.0 million term loan facility with DVB Bank SE.
  • Hermitage Offshore Services Ltd. is an offshore support vessel company that owns 21 vessels consisting of 10 platform supply vessels, or PSVs and 11 crew boats.
  • The Companys vessels primarily operate in the North Sea and the West Coast of Africa.

Hermitage Offshore Services Ltd. (NYSE:PSV) Announces 10-Day Extension of Forbearance Agreement with the Lenders to its $132.9 Million Term Loan Facility

Retrieved on: 
Monday, August 3, 2020
Shipping, Shipbuilding, Anchor handling tug supply vessel, Water transport, Offshore engineering, Petroleum production, Freight transport, Platform supply vessel, Siem Offshore, Ulstein Group

Hermitage Offshore Services Ltd. is an offshore support vessel company that owns 23 vessels consisting of 10 platform supply vessels, or PSVs, two anchor handling tug supply vessels, or AHTS vessels, and 11 crew boats.

Key Points: 
  • Hermitage Offshore Services Ltd. is an offshore support vessel company that owns 23 vessels consisting of 10 platform supply vessels, or PSVs, two anchor handling tug supply vessels, or AHTS vessels, and 11 crew boats.
  • The Companys vessels primarily operate in the North Sea and the West Coast of Africa.
  • Additional information about the Company is available at the Companys website www.hermitage-offshore.com, which is not a part of this press release.
  • The words believe, expect, anticipate, estimate, intend, plan, target, project, likely, may, will, would, could and similar expressions identify forwardlooking statements.

Hermitage Offshore Services Ltd. (NYSE:PSV) Announces Forbearance Agreement with the Lenders to its $132.9 Million Term Loan Facility

Retrieved on: 
Thursday, July 9, 2020
Financial services, Economy, Anchor handling tug supply vessel, Shipbuilding, Finance, Stockholms Enskilda Bank, Forbearance, Bank, DNB, SEB Group

HAMILTON, Bermuda, July 09, 2020 (GLOBE NEWSWIRE) -- Hermitage Offshore Services Ltd. (NYSE:PSV) (Hermitage Offshore, or the Company) announced today that it has executed a forbearance agreement (the Forbearance Agreement) to its $132.9 Million Term Loan Facility dated January 14, 2020 (the Term Loan Facility) with DNB Bank ASA and Skandinaviska Enskilda Banken AB (publ) (together, the Lenders) and DNB Bank ASA, as agent and security agent.

Key Points: 
  • HAMILTON, Bermuda, July 09, 2020 (GLOBE NEWSWIRE) -- Hermitage Offshore Services Ltd. (NYSE:PSV) (Hermitage Offshore, or the Company) announced today that it has executed a forbearance agreement (the Forbearance Agreement) to its $132.9 Million Term Loan Facility dated January 14, 2020 (the Term Loan Facility) with DNB Bank ASA and Skandinaviska Enskilda Banken AB (publ) (together, the Lenders) and DNB Bank ASA, as agent and security agent.
  • These events have given rise to substantial doubt about the Companys ability to continue as a going concern.
  • Hermitage Offshore Services Ltd. is an offshore support vessel company that owns 23 vessels consisting of 10 platform supply vessels, or PSVs, two anchor handling tug supply vessels, or AHTS vessels, and 11 crew boats.
  • The words believe, expect, anticipate, estimate, intend, plan, target, project, likely, may, will, would, could and similar expressions identify forwardlooking statements.

Hermitage Offshore Services Ltd. Announces First Quarter Earnings Release date of June 4, 2020

Retrieved on: 
Tuesday, June 2, 2020
Shipbuilding, Anchor handling tug supply vessel, Shipping, Maritime transport, Water transport, Offshore engineering, Petroleum production, Platform supply vessel, Siem Offshore, Ulstein Group

HAMILTON, Bermuda, June 02, 2020 (GLOBE NEWSWIRE) -- Hermitage Offshore Services Ltd. (the Company) announced today that it plans to issue its first quarter of 2020 earnings after the market close on Thursday, June 4, 2020.

Key Points: 
  • HAMILTON, Bermuda, June 02, 2020 (GLOBE NEWSWIRE) -- Hermitage Offshore Services Ltd. (the Company) announced today that it plans to issue its first quarter of 2020 earnings after the market close on Thursday, June 4, 2020.
  • Hermitage Offshore Services Ltd. is an offshore support vessel company that owns 23 vessels consisting of 10 platform supply vessels, or PSVs, two anchor handling tug supply vessels, or AHTS vessels, and 11 crew boats.
  • The Companys vessels primarily operate in the North Sea or the West Coast of Africa.
  • Additional information about the Company is available at the Company's website www.hermitage-offshore.com , which is not a part of this press release.