The latest Petrobras tender for anchor handling tug supply (AHTS) vessels reveals a record-high number of 61 ships seeking work in two vessel classes.
But many of these have been offered in at shockingly reduced day rates, which appear to be at loss-making levels in some cases, say brokers in Brazil.
As the world’s largest consumer of services related to deepwater (DW) oil — including for ultra-deepwater (UDW) rigs, pipe-laying support vessels (PLSVs) and offshore support vessels (OSVs) — Brazil’s state-owned giant alone accounts for roughly 10% of all global offshore investments.
