The relatively unheralded corner of the oil sector that sends supply boats out to offshore oil rigs may see bankruptcies as the worst crude market downturn in decades spreads.
More than half of the public companies in the offshore supply-vessel industry face a high probability of restructuring or bankruptcy, according to research released Tuesday from the consulting firm AlixPartners.
The vessels are a lifeline to the rigs, hauling everything from pipes to food from shore. The supply boats are custom-made for the oil industry and depend on the rigs for work, Esben Christensen, a director at the firm’s maritime practice in New York, said Monday in a phone interview.
Brazil Energy Insight 
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