Offshore Support Vessels Operation

Offshore Support Vessels Operation Market Outlook

The global Offshore Support Vessels Operation market is experiencing substantial growth, projected to reach approximately USD 28 billion by 2035, with a compound annual growth rate (CAGR) of around 5% during the forecast period from 2025 to 2035. This growth is primarily driven by the increasing demand for energy resources, particularly in the oil and gas sector, as well as the rapid expansion of offshore wind farms. Moreover, advancements in vessel technology and the rising need for deep-sea exploration and production operations are significantly influencing market dynamics. Additionally, the growing emphasis on maritime safety and environmental regulations is propelling the need for specialized support vessels. The strategic partnerships and investments in offshore infrastructure further enhance the operational capabilities within this sector.

Growth Factor of the Market

The growth of the Offshore Support Vessels Operation market is significantly influenced by the burgeoning oil and gas exploration activities, particularly in deep and ultra-deep waters. As global energy demand continues to escalate, companies are compelled to explore unconventional resources, thereby increasing the need for support vessels capable of operating in challenging conditions. Additionally, the push towards renewable energy sources, particularly offshore wind farms, is creating a new avenue for growth in the market. The increasing focus on sustainability and reducing carbon footprints is leading to investments in newer, more efficient vessel designs that comply with environmental regulations. Furthermore, the rise in maritime trade and logistics in emerging markets is fostering greater utilization of offshore support vessels, thereby stimulating market expansion. The integration of advanced technologies, including automation and digitalization, is also expected to enhance operational efficiency, further driving market growth.

Key Highlights of the Market

• The Offshore Support Vessels Operation market is projected to reach USD 28 billion by 2035.
• Oil and gas exploration activities remain the primary driver for the market growth.
• There is a notable increase in offshore wind farm installations, contributing to new demand.
• Technological advancements are leading to more efficient and environmentally friendly vessel designs.
• Emerging markets are witnessing increased maritime trade, enhancing vessel utilization.

By Vessel Type

Anchor Handling Tug Supply Vessels:

Anchor Handling Tug Supply (AHTS) vessels are crucial in offshore operations, particularly for the oil and gas industry. These vessels are primarily used for anchoring drilling rigs and assisting in the transportation of supplies. Their robust design and powerful engines allow them to operate in challenging marine environments, making them indispensable for deep-water exploration and production activities. The demand for AHTS has been consistently high, as companies seek to ensure the stability and safety of their operations in remote locations. Moreover, advancements in AHTS technology, including enhanced towing capabilities and improved fuel efficiency, are driving their adoption, leading to a significant contribution to the overall Offshore Support Vessels Operation market.

Platform Supply Vessels:

Platform Supply Vessels (PSVs) play a pivotal role in transporting goods, equipment, and personnel to offshore platforms. As the offshore industry expands, the need for versatile and efficient PSVs is on the rise. These vessels are designed to operate in shallow to deep water, providing essential logistical support for drilling and production activities. The increasing number of offshore projects, particularly in regions such as the North Sea and Gulf of Mexico, is propelling the demand for PSVs. Furthermore, innovations in PSV designs, such as improved cargo capacity and fuel efficiency, are making them more attractive to operators, thus enhancing their market share within the Offshore Support Vessels Operation segment.

Diving Support Vessels:

Diving Support Vessels (DSVs) are specialized ships designed to support underwater operations, including inspection, maintenance, and repair tasks in offshore environments. With the increase in subsea infrastructure development, the demand for DSVs has grown significantly. These vessels are equipped with advanced diving systems and technologies to facilitate complex underwater operations, ensuring safety and efficiency. The oil & gas industry, along with offshore renewable energy projects, is a primary consumer of DSV services. As underwater exploration techniques continue to develop, the market for DSVs is expected to expand, driven by the need for skilled underwater operations and maintenance support.

Standby & Rescue Vessels:

Standby and rescue vessels are critical for ensuring safety and emergency response in offshore operations. They are equipped to provide immediate assistance in case of accidents or emergencies, such as crew evacuation or fire outbreaks on offshore platforms. The growing focus on safety regulations and compliance in the offshore industry is boosting the demand for standby and rescue vessels. Their ability to operate in adverse conditions and provide real-time assistance is crucial for mitigating risks associated with offshore operations. As regulatory bodies tighten safety protocols, the importance and utilization of standby and rescue vessels are expected to increase, further contributing to market growth.

Seismic Support Vessels:

Seismic Support Vessels are integral to the exploration phase of offshore oil and gas projects. These vessels are equipped with advanced seismic survey equipment to map the seabed and identify potential drilling locations. As energy companies seek to optimize their exploration efforts in increasingly difficult environments, the demand for seismic support vessels is likely to rise. The growing need for accurate data to inform drilling decisions is pushing operators to invest in high-quality seismic support services. Furthermore, as new technologies emerge, such as autonomous vessels and enhanced acoustic imaging systems, the capabilities of seismic support vessels will expand, driving further market growth.

By Operation

Construction Support:

Construction support operations involve the provision of resources, logistics, and manpower to facilitate offshore construction projects, such as the installation of oil rigs and wind turbines. The demand for construction support services is primarily driven by the expansion of offshore energy projects, particularly in the oil and gas and renewable energy sectors. These operations require specialized vessels equipped with cranes and modular construction capabilities. The growth of offshore infrastructure projects around the world necessitates efficient and reliable construction support, thereby creating substantial opportunities for offshore support vessel operators.

Maintenance Support:

Maintenance support encompasses the ongoing services necessary to ensure the operational efficiency and safety of offshore platforms and installations. This includes routine inspections, equipment repairs, and preventative maintenance tasks, which are essential to minimize downtime and extend asset life. As offshore operations become more complex and the industry faces increasing scrutiny over safety and environmental impacts, the need for maintenance support services is more critical than ever. Vessels specializing in maintenance operations offer the necessary capabilities to perform a variety of tasks, ensuring compliance with industry standards while maximizing uptime for offshore facilities.

Accommodation Support:

Accommodation support operations provide living quarters and facilities for personnel working on offshore projects. The need for accommodation support has risen in tandem with the expansion of offshore oil and gas fields and renewable energy projects. Vessels equipped with accommodation facilities are essential for accommodating large teams of workers in remote locations for extended durations. The growing focus on worker welfare and comfort, combined with the need for skilled labor in challenging environments, makes accommodation support vessels increasingly vital. This segment is expected to see robust growth as offshore projects continue to expand and evolve.

Safety & Security Support:

Safety and security support operations are crucial in managing risks associated with offshore activities, especially in volatile and remote environments. This involves implementing safety protocols, emergency response measures, and surveillance operations to protect personnel and assets. The increasing frequency of offshore accidents and rising regulatory requirements are driving demand for safety and security support vessels. These vessels are equipped with emergency response gear and trained personnel to provide immediate assistance in crisis situations, thereby reinforcing the importance of this segment within the offshore support vessels market.

Others:

This segment encompasses a variety of additional operations that support offshore activities, including logistics and transport services for materials and personnel. As the offshore sector grows, so does the need for diverse support services that cater to specific project requirements. This flexibility allows operators to optimize their resources and enhance operational efficiency. The emergence of new technologies and solutions tailored to unique offshore challenges is expected to drive demand in this segment, as companies seek comprehensive support packages to address their operational needs effectively.

By User

Oil & Gas Industry:

The oil and gas industry is the primary user of offshore support vessels, as these vessels are integral to exploration, drilling, and production activities. The high demand for energy resources continues to drive investments in offshore projects, necessitating a wide range of support services. Offshore support vessels cater to various operational needs, including transporting personnel, equipment, and supplies to remote locations. Additionally, with the ongoing exploration of deep-water and ultra-deep-water reserves, the demand for specialized support vessels is expected to grow. As the industry adapts to changing energy landscapes, offshore support vessels play a critical role in ensuring operational efficiency and safety.

Offshore Wind Industry:

The offshore wind industry is rapidly expanding, fueled by the global shift towards renewable energy sources. Offshore support vessels are essential for the construction, installation, and maintenance of wind farms located in marine environments. These vessels transport construction materials and personnel, and provide specialized installation services for wind turbines. As governments and corporations strive to meet renewable energy targets, the demand for offshore support vessels in this sector is anticipated to rise significantly. The ongoing technological advancements in offshore wind energy are also driving the need for versatile support vessels capable of operating in challenging marine conditions.

Naval Forces:

Naval forces utilize offshore support vessels for various operational purposes, including logistics, training exercises, and mission support. These vessels are essential for maintaining naval readiness and enhancing operational capabilities in maritime environments. The increasing focus on national security and maritime defense is propelling the demand for offshore support services among naval forces. Furthermore, the need for advanced vessels capable of conducting maritime operations and ensuring safety in international waters is creating opportunities within this segment. As geopolitical tensions rise, naval forces are expected to increase their reliance on specialized offshore support vessels to bolster their operational effectiveness.

Research & Survey:

Offshore support vessels are critical for research and survey activities conducted by academic institutions and private organizations. These vessels provide the necessary platform for conducting marine research, geological surveys, and environmental assessments. The growing awareness of the need for environmental protection and sustainable resource management is boosting the demand for offshore research activities. As marine ecosystems face increasing threats from climate change and human activity, the importance of research and survey operations becomes more pronounced. This segment is expected to see robust growth as stakeholders seek to understand marine environments better and develop strategies for conservation.

Others:

The 'Others' segment includes a variety of end-users that require offshore support services for diverse applications. This may encompass sectors such as tourism, marine conservation, and infrastructure development. These varied applications highlight the versatility and adaptability of offshore support vessels, catering to unique project requirements. As emerging industries recognize the potential of offshore resources, the need for specialized support services will continue to grow. Companies are increasingly seeking tailored solutions to meet their operational needs, further driving demand within this segment.

By Depth

Shallow Water:

Shallow water operations are typically defined as activities conducted in waters less than 400 meters deep. Offshore support vessels operating in shallow waters usually face fewer challenges compared to those in deeper regions. This segment sees significant demand, particularly from the oil, gas, and wind industries, as many offshore projects are based in shallow coastal areas. The lower operational costs and easier access to these areas make shallow water support vessels attractive for various applications. With the continuous exploration of shallow water resources, the market for these vessels remains robust and is expected to grow steadily.

Deep Water:

Deep water operations, involving activities in water depths ranging from 400 to 1,500 meters, require specialized offshore support vessels capable of handling challenging conditions. The deep-water oil and gas industry is a significant driver of this segment, as companies invest heavily in exploration and production activities in deeper environments. These vessels are designed to withstand extreme conditions, providing critical support for drilling and production operations. As technology advances and the industry seeks to exploit untapped reserves, the demand for deep-water support vessels is expected to increase significantly in the coming years.

Ultra Deep Water:

Ultra-deep water operations, defined as activities conducted in water depths exceeding 1,500 meters, represent the most challenging and technologically advanced segment of offshore operations. The demand for ultra-deep water support vessels is primarily driven by the oil and gas industry's pursuit of new reserves, necessitating specialized vessels equipped with advanced capabilities. These vessels are designed for high-pressure environments and often include cutting-edge technologies for subsea operations. As exploration moves further offshore and into deeper waters, the need for ultra-deep water support vessels is expected to grow, driving innovation and advancements in vessel design.

Arctic:

The Arctic region presents unique challenges for offshore operations due to harsh weather conditions, ice coverage, and remote locations. Support vessels operating in Arctic waters must be designed to navigate extreme environments, ensuring safety and operational effectiveness. The increasing interest in Arctic resources, particularly oil and gas, is driving demand for specialized support vessels capable of conducting operations in these challenging conditions. As climate change continues to open up previously inaccessible areas, the market for Arctic support vessels is likely to see significant growth, requiring innovations in design and technology to ensure safety and efficiency in this frontier.

By Region

The regional analysis of the Offshore Support Vessels Operation market indicates a diverse landscape influenced by the specific needs and developments in various geographical areas. North America is expected to retain a significant share of the market, attributed to the extensive offshore oil and gas activities in the Gulf of Mexico, as well as the burgeoning offshore wind sector along the eastern seaboard. The region's overall market is projected to grow at a CAGR of approximately 6% during the forecast period. Europe is another key region, due to its established oil and gas infrastructure in the North Sea and growing investments in renewable energy projects, particularly in offshore wind farms. The combined efforts to enhance energy security and transition to cleaner energy sources are propelling demand in this region.

The Asia-Pacific region is emerging as a significant player in the Offshore Support Vessels Operation market, driven by increasing investments in offshore exploration and production activities. Countries like China, India, and Australia are expanding their offshore capabilities, resulting in heightened demand for support services. Latin America, with its abundant offshore oil reserves, particularly in Brazil, is also expected to witness growth in this market segment. The Middle East and Africa, rich in oil and gas resources, present a unique landscape with ongoing investments in offshore infrastructure. As the market evolves, these regions are likely to play a critical role in shaping the future of offshore support vessels and operations.

Opportunities

The Offshore Support Vessels Operation market is poised for significant growth, presenting numerous opportunities for industry stakeholders. One of the primary growth drivers is the increasing focus on renewable energy sources, particularly offshore wind energy. As governments around the world commit to reducing carbon emissions and transitioning to cleaner energy, the demand for offshore support vessels specialized in renewable projects is expected to rise. Companies that can innovate and adapt their vessel designs to meet the specific demands of offshore wind operations will find themselves at a considerable advantage. Furthermore, the ongoing digital transformation within the maritime industry presents opportunities for operators to enhance efficiency through automation, data analytics, and advanced technologies such as the Internet of Things (IoT). These innovations can lead to safer and more efficient operations, attracting investments and partnerships in the sector.

Additionally, as the global appetite for energy resources continues to grow, offshore oil and gas exploration is increasingly moving to deeper and more challenging waters. Companies that invest in the development of specialized vessels capable of navigating these extreme conditions will be well-positioned to capitalize on emerging opportunities. The shift towards sustainable practices in the offshore industry, including environmental monitoring and compliance, also offers avenues for growth. Stakeholders that can provide comprehensive solutions addressing safety, environmental conservation, and regulatory compliance will be sought after as the market evolves. The combination of technological advancements, regulatory changes, and shifting energy landscapes creates a fertile ground for innovation and growth within the offshore support vessels market.

Threats

The Offshore Support Vessels Operation market is not without its challenges, as various threats could impede growth and stability within the sector. One of the primary threats is the volatility of oil and gas prices, which can significantly impact investment decisions and project viability. When prices decline, operators may scale back their offshore exploration and production activities, leading to reduced demand for support vessels. Additionally, geopolitical tensions and regulatory changes in different regions can create uncertainties that affect the operational landscape. The reliance on a few key clients, particularly in the oil and gas sector, further exposes vessel operators to fluctuations in demand, making diversification essential for long-term viability.

Another significant threat is the increasing focus on environmental sustainability and regulatory compliance. As governments and organizations strive to minimize the ecological impact of offshore operations, companies may face stringent regulations that require costly upgrades to existing vessels or investment in new, environmentally friendly technologies. The need for compliance with evolving environmental standards can strain resources, particularly for smaller operators lacking capital for such investments. Moreover, the rapid pace of technological advancements in the offshore sector means that companies must continually innovate to remain competitive. Those that fail to adapt to changing technologies or market dynamics risk losing market share to more agile competitors, underscoring the importance of proactive strategic planning and investment in R&D.

Competitor Outlook

• Maersk Supply Service
• Briggs Marine
• Danaos Shipping Co. Ltd.
• Gulf Mark Offshore
• Siem Offshore
• Vard Group
• DOF Subsea
• Swire Pacific Offshore
• Solstad Offshore
• Hornbeck Offshore Services
• Bourbon Offshore
• Seacor Marine Holdings
• Fugro NV
• Transocean Ltd.
• Thome Group

The competitive landscape of the Offshore Support Vessels Operation market is characterized by a mix of established players and emerging companies striving to seize market opportunities. Major firms are continuously enhancing their fleets and capabilities to cater to the evolving needs of the offshore industry. They are investing in research and development to integrate advanced technologies into their operations, such as automation and digitalization, which are essential for improving efficiency and safety. The market is also witnessing a trend towards consolidation, as companies seek to strengthen their competitive positions through mergers and acquisitions, expanding their service offerings and geographical reach.

Key players such as Maersk Supply Service and Swire Pacific Offshore have long histories of providing reliable offshore support services and have built strong reputations in the industry. They are leveraging their experience and expertise to develop innovative solutions that address emerging challenges within the sector. In addition, companies like Bourbon Offshore and DOF Subsea are focusing on sustainability initiatives, developing environmentally friendly vessels, and implementing best practices for reducing their ecological footprint. These efforts not only meet regulatory requirements but also align with the growing emphasis on corporate social responsibility in the maritime sector.

In this competitive environment, new entrants are also gaining traction by offering specialized services tailored to niche markets or specific offshore operations. For instance, firms like Fugro NV, known for their expertise in marine surveys, are expanding their service portfolios to include support vessels for offshore renewable energy projects. As the market progresses, competition is expected to intensify, pushing companies to continually innovate and adapt to the rapidly changing landscape of offshore operations. The emphasis on safety, efficiency, and sustainability will remain paramount, guiding companies in their strategic planning and operational approaches.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 Fugro NV
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 DOF Subsea
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Vard Group
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Thome Group
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Briggs Marine
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Siem Offshore
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Transocean Ltd.
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Bourbon Offshore
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Solstad Offshore
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Gulf Mark Offshore
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Maersk Supply Service
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Seacor Marine Holdings
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Swire Pacific Offshore
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Danaos Shipping Co. Ltd.
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Hornbeck Offshore Services
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Offshore Support Vessels Operation Market, By User
    • 6.1.1 Oil & Gas Industry
    • 6.1.2 Offshore Wind Industry
    • 6.1.3 Naval Forces
    • 6.1.4 Research & Survey
    • 6.1.5 Others
  • 6.2 Offshore Support Vessels Operation Market, By Depth
    • 6.2.1 Shallow Water
    • 6.2.2 Deep Water
    • 6.2.3 Ultra Deep Water
    • 6.2.4 Arctic
  • 6.3 Offshore Support Vessels Operation Market, By Operation
    • 6.3.1 Construction Support
    • 6.3.2 Maintenance Support
    • 6.3.3 Accommodation Support
    • 6.3.4 Safety & Security Support
    • 6.3.5 Others
  • 6.4 Offshore Support Vessels Operation Market, By Vessel Type
    • 6.4.1 Anchor Handling Tug Supply Vessels
    • 6.4.2 Platform Supply Vessels
    • 6.4.3 Diving Support Vessels
    • 6.4.4 Standby & Rescue Vessels
    • 6.4.5 Seismic Support Vessels

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Offshore Support Vessels Operation Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Offshore Support Vessels Operation market is categorized based on

By Vessel Type

• Anchor Handling Tug Supply Vessels
• Platform Supply Vessels
• Diving Support Vessels
• Standby & Rescue Vessels
• Seismic Support Vessels

By Operation

• Construction Support
• Maintenance Support
• Accommodation Support
• Safety & Security Support
• Others

By User

• Oil & Gas Industry
• Offshore Wind Industry
• Naval Forces
• Research & Survey
• Others

By Depth

• Shallow Water
• Deep Water
• Ultra Deep Water
• Arctic

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Maersk Supply Service
• Briggs Marine
• Danaos Shipping Co. Ltd.
• Gulf Mark Offshore
• Siem Offshore
• Vard Group
• DOF Subsea
• Swire Pacific Offshore
• Solstad Offshore
• Hornbeck Offshore Services
• Bourbon Offshore
• Seacor Marine Holdings
• Fugro NV
• Transocean Ltd.
• Thome Group