The Key Players in the Global Offshore Supply Vessel (OSV) Market

Wednesday 11 March 2015, Amsterdam

The new report recognizes the following companies as the key players in the Global Offshore Supply Vessel (OSV) Market: Bourbon SA, SEACOR Holdings Inc., Swire Pacific Ltd. and Tidewater Inc.

Other Prominent Vendors in the market are: Abdon Callais Offshore, ABG Shipyard, Bass Marine, Bharati Shipyard, BP Shipping, China Oilfield Services, Deep Sea Supply, Eastern Shipbuilding, Edison Chouest, EMAS, Farstad Shipping, Gulfmark Offshore, Halul Offshore Services, Harvey Gulf International Marine, Havila Shipping, Hornbeck Offshore, Intermarine, Island Offshore Management, KG Offshore Services, Maersk Supply Service, Nam Cheong, Odyssea Marine, OGX, Pacific Richfield, Pemex, Petrobras, Rem Maritime, Remontowa, Sanko Line, Siem Offshore, Simon Møkster Shipping, Sinopacific, Solstad Offshore, Topaz Energy and Marine, Trico Marine Services, Vroon Group, Whitesea Shipping and Supply, Zakher Marine and Zamil Operations.

Commenting on the report, an analyst from the report's team said: “The increase in demand for higher-capacity vessels is one of the key trends emerging in this market that will support complex marine operations. The high-capacity vessels will support adverse weather and sea conditions.”

According to the report, one of the main drivers of the Global OSV market is the increase in the offshore E&P activities of oil and gas companies. The exploration and production capital expenditure of these companies is increasing, thus driving the demand for marine support vessels.

Further, the report states that The Global OSV market is capital-intensive in nature, which is one of the major challenges hindering the market growth. The manufacturing and maintenance of an OSV fleet require huge investment and the high operational costs of OSVs lead to an increase in the CAPEX of companies.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.