The dark days of rock-bottom rates and vessel stacking are back in the North Sea platform supply vessel (PSV) sector due to the coronavirus pandemic.
Shipowners are currently deciding what to do with unwanted ships as the list of open tonnage grows in ports.
Broker Westshore reported the 3,200-dwt FS Balmoral (built 2008) fixed by DEME at just £3,500 ($4,300) per day for supply duties, down from £10,000 two weeks ago.
