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Oslo provides some relief for laid-up OSVs

Photo of Sam Chambers Sam ChambersFebruary 2, 2016
2 Less than a minute

Providing some relief for hard-pressed OSV owners, Norway’s industry minister has just announced that all laid up OSVs in the country will not have to pay any licence fees.

Typically, these licences cost around $4,000 a year.

Norway’s OSV sector has been among the hardest hit in the world with vast numbers laid up.

The North Sea term rate for an AHTS 20,000+ BHP, as an example, averaged $16,800 day last year according to Clarkson, down 52% over 2014.

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Photo of Sam Chambers Sam ChambersFebruary 2, 2016
2 Less than a minute
Photo of Sam Chambers

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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