Offshore Supply Vessel Market Report 2018: Hornbeck Offshore, COSL, Gulf Mark, Edison Chouest Offshore, Tidewater Marine, Bourbon Offshore Greenmar, DOF (UK) Limited, Maersk Supply Service, Farstad Shipping Offshore Simulation Centre Pty Ltd

Global Offshore Supply Vessel Market report is a complete overview of the market, covering various aspects product definition, segmentation based on various parameters, and the prevailing vendor landscape. Analysis and discussion of important industry trends, market size, market share estimates are mentioned in the report. The scope of this Offshore Supply Vessel market report extends from market scenarios to comparative pricing between major players, cost and profit of the specified market regions. . The report provides with CAGR value fluctuation during the forecast period of 2018-2023 for the market.

Offshore Supply Vessel (OSV) is a sea motor vessel used for transmitting cargos, goods, supplies, crews, and offshore exploration and production equipment across oil platforms.  OSV supports marine offshore drilling activities through the transportation of offshore energy resources, and it also facilitates oil rigs installation process. It is mostly used by oil and gas companies for exploration and production (E&P) activities. OSV is operated by ship owners or by companies that take OSV on lease. In addition, OSV facilitates the maritime logistics operation for various other industries such as Subsea and Deep Water Mining.

Deepwater production and exploration activities and investments by emerging economies in offshore exploration will drive the offshore support vessel market.

Oil & gas exploration and production activities are being carried out, both onshore and offshore, worldwide. The offshore oilfield business consists of the survey, exploration, construction, production, maintenance, upgradation of production facilities, and decommissioning. The activities at various stages of the oilfield lifecycle require different types of specialized offshore support vessels (OSV), which are suited for the project needs.

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Edison Chouest, Tidewater, Bourbon Offshore, DOF, Swires, Maersk Supply Service, Farstad Shipping, Hornbeck, Cosl, Island Offshore Management, Gulf Mark and Havila Shipping.

The offshore supply vessel market has been segmented into vessel type, depth, and region. The market has been further segmented, by vessel type; into anchor handling tug supply vessels, platform supply vessels (PSV), multipurpose support vessels (MPSV), and standby and rescue vessels, crew vessels, chase vessels, seismic vessels, and others. The AHTS vessels segment accounted for the largest share, 45% of the market in 2017, AHTS vessels are principal support vessels used for towing, anchoring, and supplying equipment to drilling rigs and production platforms, making them the largest segment of the Offshore Support Vessel Market. Demand for offshore drilling is projected to recover slowly, particularly in deepwater fields as oil prices stabilize, thus, helping the AHTS market.

On the basis of depth, the market has been segmented into shallow water and deepwater segments. The application of offshore support vessels in shallow water projects is estimated to lead the market, in terms of market value share of 70.7% in 2017. The shallow water basins in the Middle East, Asia-Pacific, Europe, and North America will play a major role in driving the Offshore Support Vessel Market. Shallow water operations are typically less expensive compared to deepwater operations. Thus, recovering oil prices will lead to a faster increase in offshore activity in shallow water basins compared to deepwater ones.

The OSV market is less concentrated, various enterprises have invested in fleet expansion, so as to replace older vessels, and enhance their position in global market. Key players in offshore support vessel market include Edison Chouest, Tidewater, Bourbon Offshore, DOF, Swires, Maersk Supply Service, Farstad Shipping, Hornbeck, Cosl, Island Offshore Management, Gulf Mark and Havila Shipping.

Over the next five years, RFM(Research for Markets) projects that Offshore Supply Vessel (OSV) will register a 8.3% CAGR in terms of revenue, reach US$ 25000 million by 2023, from US$ 15500 million in 2017.

This report presents a comprehensive overview, market shares, and growth opportunities of Offshore Supply Vessel (OSV) market by product type, application, key manufacturers and key regions.

To calculate the market size, Research for Markets considers value and volume generated from the sales of the following segments: Segmentation by product type:·

Segmentation by product type:
• Anchor Handling Tug Supply
• Platform Supply Vessel
• Multipurpose Support Vessel
• Standby & Rescue Vessel
• Others
Segmentation by application:
• Shallow Water
• Deep Water

This report also splits the market by region:

• Americas
• APAC
• Europe
• Middle East & Africa

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 Table of Content

1 Scope of the Report

2 Executive Summary

3 Global Offshore Supply Vessel by Players

4 Offshore Supply Vessel by Regions

5 Americas(Status and Outlook)

6 APAC(Status and Outlook)

7 Europe(Status and Outlook)

8 Middle East & Africa(Status and Outlook)

9 Market Drivers, Challenges and Trends

10 Marketing, Distributors and Customer

11 Global Offshore Supply Vessel Market Forecast

12 Key Players Analysis

13 Research Findings and Conclusion

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Posted by Data Bridge Market Research on Tuesday October 30 2018, 7:14 AM EST. All trademarks acknowledged. Filed under Uncategorized. Comments and Trackbacks closed. Follow responses: RSS 2.0