Island Offshore Lays Up Two More PSVs as North Sea Lay Ups Top 100 Vessels

Island Offshore has announced the lay ups of its two platform supply vessels (PSVs), Island Dragon and Island Duchess, effectively immediately, pushing the total number of offshore vessel layups in the North Sea to 100 vessels.  The Island Dragon will be replaced with Island Commander on the request on oil company Lundin Norway, which needs a vessel with larger … [Read more...]

Viking Supply Ships Latest to Announce PSV Lay-Ups

  Swedish shipowner Viking Supply Ships says that due to the continued market the company is forced to lay up three platform supply vessels. The vessels impacted are Idun Viking, Frigg Viking and Nanna Viking. Viking said that since the crews for the vessels is provided by an external ship manager, the lay ups will not have any impact on employees of Viking Supply … [Read more...]