OSVs Finding Life Outside of Oil and Gas

Offshore vessels were designed and built to support the offshore oil and gas industry. Whether that’s platform supply vessels (PSVs) supplying offshore installations, anchor handlers (AHT/AHTS) moving mobile offshore drilling units (MODUs) and other offshore structures, or subsea support vessels working on a wide scope of work beneath the sea level. These vessels were purchased from new or on the second-hand market by offshore supply vessel (OSV) owners, with only a handful sold to non-offshore players (usually government backed entities).

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