MARKETS

OSV market remains cautious 

ALTHOUGH the oil market is looking more promising this year, companies are still treading with caution, and while rising oil prices has signalled positive moves for the global industry, the  offshore support vessel sector is cautious.

Carmen Allan-Patale
Despite rising oil price OSV market has a cautious 2018 outlook

Despite rising oil price OSV market has a cautious 2018 outlook

  Major OSV players such as Siem Offshore and MMA Offshore have suggested a longer recovery time is likely.   Last week, Siem said although it expects activity levels to rise in the coming months,...

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