The development of offshore facilities involves a variety of marine assets. Over the past few decades, there has been a drastic increase in the offshore E&P activities resulting in to increase in development and demand for offshore support vessels. These vessels are used for exploration, development, production and decommissioning phase of an offshore oil, and gas fields. Offshore support vessel (OSV) can be prepared according to the operators specifications. Offshore E&P operations are complex, failure of operations have drastic consequences on economy and environment. Different types of support vessels are required for different offshore environment. Therefore, development in technology has immensely supported the growth of offshore support vessel market.
Request Copy Of This Business Report: https://www.coherentmarketinsights.com/market-insight/offshore-support-vessel-market-758
Global Offshore Support Vessel Market Taxonomy
On the basis of type, the global offshore support vessel market is segmented as:
Anchor Handling Towing and Supply Vessel (AHTS)
Platform Supply Vessel (PSV)
Well Intervention Vessel
Offshore Construction Vessel
Multipurpose Support Vessel (MSV)
Inspection, Maintenance and Repair Vessel (IMR)
Global Offshore Support Vessel Market Outlook
Asia Pacific is accounted to have fastest growth in the offshore support vessel market, owing to increase in globalization and energy demand from economies, such as China, India, Malaysia, and Indonesia. Development in technology has led to augment in the offshore support vessel market. Furthermore, increasing consumption and offshore E&P development in Australia, South China Sea, and Gulf of Thailand have driven the offshore support vessel market in this region. According to Baker Hughes, the offshore rig count in Asia Pacific in March 2017 was 76 as compared to March 2016, which was 70.
Major Keyplayers: maEdison Chouest Offshore, Abdon Callais Offshore, Havila Shipping ASA, Farstad Shipping ASA, Gulfmark Offshore Inc., Bourbon Offshore Marine services, and Island Offshore Management AS.
Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: [email protected]
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027