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Offshore News: Day rates up 300% fueling offshore fleets

Posted on 13.06.2005 - 04:24 EDT in OFFSHORE NEWS by ginamc

OilPort.netDay rates for anchor-handling ships involved in May rig moves across the central North Sea have skyrocketed 357 percent over a year ago to $54,920, with similar signals felt across the sector. Cargo runs for platform supply vessels, or PSVs, now fetch $12,515 per day for larger vessels, or 215 percent more than last May, a Seabrokers report on May said. Hiring a ship at the last minute can cost as much as £82,960 for a rig move in the southern sector of the North Sea. An impromptu supply run is a minimum $18,164.

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Source: OilPort.net
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