OFFSHORE SUPPORT VESSEL ON-BOARD FUEL MONITORING SYSTEM MARKET ANALYSIS

Market News

Offshore Support Vessel On-board Fuel Monitoring System Market Key Developments

In April 2023 Bourbon Marine & Tethys Marine and Logistics announced a partnership, a Guyana-based organization. Logistics, which will buy 51% of the stock in the Bourbon Guyana Joint Venture. With 75% Guyanese directors, Bourbon Guyana will become the first indigenous operator of offshore support vessels in full compliance with the most recent local content regulations. paraphrase

In March 2023  Maersk signed a three-year agreement with Petrobras, a state-owned multinational petroleum company in Brazil, to use three L-class anchor handlers for a variety of anchor handling tasks and rig movements. Maersk is making this move as part of its strategy to become a well-known integrator of solutions in the Brazilian market for supply chain services. Maersk Supply Services has already secured a number of contracts, including the Mero 2 contract and a series of solutions contracts for the FPSO Fluminense on Shell's behalf.

In March 2023, Tidewater Inc., a prominent offshore support vessel company, made a significant announcement regarding its acquisition plans. The company entered into a definitive agreement to acquire a fleet of 37 Platform Supply Vessels (PSVs) from Solstad Offshore ASA (SOFF). This strategic move demonstrates Tidewater's commitment to expanding its fleet and strengthening its position in the offshore support vessel market.