Redundant PSVs could get new lease of life as dredgers

psv

In the wake of the well-documented downturn in the oil and gas markets in recent years, an increasing number of platform supply vessels (PSVs) are currently under-utilised or languishing in lay-up, most notably in the US Gulf Coast region.

Various proposals have been made for the repurposing of redundant PSV tonnage. Examples range from windfarm support vessels (SOVs) to container feeder vessels and live fish carriers, with even a recent proposal to convert ice-capable vessels into polar expedition yachts.

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