support vessels - Offshore Shipbrokers
support vessels - Offshore Shipbrokers
support vessels - Offshore Shipbrokers
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Rider Hunt JU 1 - 3 years, Southern N Sea Feb-08<br />
Senergy SS 1 year Jan-08<br />
Senergy JU 1 year Jan-08<br />
Shell Norway SS 4 years + opts Jan-09<br />
Statoil SS 13 wells (1035 days) + 3 well opts Dec-08<br />
Total E&P HDJU/SS Circa 170 days Victoria Field Apr-07<br />
Tullow Oil JU Exploration Wells - 40 days each Feb-07<br />
Unknown JU 180 days + opts Dec-07<br />
Vermilion Exploration JU/SS 1 Well - Aquitaine Basin Sep-07<br />
Xcite Energy Ltd JU/SS 1 Well circa 25 days Apr-07<br />
SUPPORT VESSELS<br />
The beginning of January saw the traditional slow start to the spot market, however this was not<br />
long lived and by the middle of January rates were once again rising sharply with availability<br />
remaining tight through until the end of the month.<br />
The first week of January saw a number of <strong>vessels</strong> idle in port after a quiet spell over the festive<br />
period, rates for PSVs were around the £9000 level with AHTS slightly higher at circa £20,000<br />
though still well down from the levels seen towards the end of 2006. The second week of January<br />
saw rates beginning to creep up with PSVs fixing at the £14,000 level and AHTS reaching £40,000.<br />
By the middle of the month, rates had risen sharply in response to a tightening market with levels<br />
doubling over the space of a few days seeing PSVs fetching £31,000 levels and AHTS fixing at<br />
around the £80,000 level. This remained the situation right through until the end of the month with<br />
PSVs continuing to fetch circa £30,000 and AHTS ranging from £60,000 to £100,000.<br />
Looking at the months ahead, the general consensus amongst owners and brokers alike is that<br />
2007 will once again be a very busy year with rates approaching those levels seen during 2006.<br />
Many charterers are preparing themselves for this already by securing Term PSVs to avoid the<br />
high rate levels expected on the spot market during the summer months. This is starting to have a<br />
knock on effect with larger PSV tonnage beginning to look extremely scarce during the summer<br />
months, which is being reflected in the rising rates now being offered for term work.<br />
Latest Fixtures<br />
North Sea<br />
ADTI PSV Rem Fortune Support of GA II - Circa 4 -5 months March 07<br />
ADTI PSV Northern Supporter 1 well <strong>support</strong>ing Ensco 80 Jan 07<br />
ADTI PSV Rem Supplier Supply duties - Extended until June 07 Extension<br />
Allseas PSV Highland Fortress Extended 2 years until Jan 09 Extension<br />
CNR PSV Northern Gambler Supporting Byford Dolphin - Extended until Dec 07 Extension<br />
DeepOcean PSV Edda Freya Trenching work - Extended until April 09 Extension<br />
DPT Norway AHTS/StandbyEsvagt Connector Front running for newbuild - Circa 2 months March 07<br />
MLS AHTS Normand Mjolne All Duties - extended until May 07 Extension<br />
MLS / ENI PSV Ocean Mainport Cargo Duties - Extended until April 07 Extension<br />
MLS / Statoil AHTS Northern Corona Supporting the Erik Raude - Extended until March 07Extension<br />
13 Rubislaw Terrace<br />
Aberdeen AB10 1XE<br />
Telephone No +44 (0) 1224 628788<br />
aberdeen@offshore-shipbrokers.co.uk<br />
9 – 11 Folgate Street<br />
London E1 6BX<br />
Telephone No +44 (0) 207 3779774<br />
london@offshore-shipbrokers.co.uk
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