Another PSV laid up, latest fixtures show rock-bottom rates

Another PSV laid up, latest fixtures show rock-bottom rates

The 2013-built platform supply vessel (PSV) FC Untouchable (3,300 dwt), owned by Fratelli D’Amato UK, has gone into layup in Aberdeen, Scotland, amid a market where vessels were again fixed at diabolical rates today.

Volstad Shipping’s PSV Volstad Viking (5,100 dwt, built 2007) renewed its contract to BP Norway today at rate of NOK 40,000 ($4,833) per day for 14 days’ of supply duties in the North Sea. The vessel has been employed with BP Norway since September 25, according to data from shipbroker Westshore.

Faring only a little better, K Line Offshore’s PSV KL Barentsfjord (5,000 dwt, built 2011) was today fixed to Total E&P for a two-week supply contract in the North Sea at a rate of £3,500 ($5,331) per day.

On September 25, Ugland Supplier’s PSV Evita (5,300 dwt, built 2012) was fixed at NOK 45,000 ($5,438) per day for a 14-day supply contract with Det Norske, but since then reported rates have slumped to around NOK 40,000 daily.

Holly Birkett

Holly is Splash's Online Editor and correspondent for the UK and Mediterranean. She has been a maritime journalist since 2010, and has written for and edited several trade publications. She is currently studying for membership of the Institute of Chartered Shipbrokers. In 2013, Holly won the Seahorse Club's Social Media Journalist of the Year award. She is currently based in London.

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