Siem Offshore lays up two more AHTS vessels

Due to “soft market conditions” Siem Offshore has said today that it has decided to take two more vessel out of the market, laying up a pair of anchor handling tug supply vessels.

The two vessels are going into cold lay-up, leaving Siem Offshore with just three out of ten AHTS vessels in the North Sea spot market.

Last month, the total number of vessels laid up in the North Sea was 71 according to data from shipbroker Westshore, 17 of them AHTS vessels.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.
Back to top button