While observers see the work as positive, they conclude that the extreme competition among PSVs has probably resulted in low day rates.
Analysts at DNB point out that the multiple reactivation shows how most ships in layup are still being marketed for work and, thus, are still adding to downward pressure on the vastly oversupplied market.
Deep Sea Supply has won a two-year contract from Statoil for the 4,700-dwt Sea Falcon (built 2013), with three one-year options attached.
The
