Clarksons Research expects more gains after it calculated offshore support vessel rates have jumped 20% so far this year.

The continued progress in the sector has pushed the Clarksons Offshore Index to levels last seen in 2015, said Stephen Gordon, managing director of the unit at shipbroking giant Clarksons.

Demand for ships is now 21% higher than the low point in the first half of 2020, having seen further hikes since March.