VesselsValue

U.S. Gulf leads in offshore lay ups

The U.S.Gulf continues to be the offshore market with the highest number of assets in lay up, according to VesselsValue.com, which today published the first of what will be quarterly offshore lay

OSV operators start scrapping more vessels

MARCH 27, 2018 — VesselsValue reports that operators of offshore service vessels are beginning to scrap an increasing number of older vessels, with year-to-date scrapping rates increasing by 153 percent on the

Jackup rig values rise on oil recovery

JANUARY 26, 2018 —Rising oil prices have increased interest in secondhand for jack-up rigs, pushing asset values up 36 percent from a year ago, according to data compiled by VesselsValue. VV’s Fixed