32 % of offshore-vessels not in operation
It is no secret that shipping companies that deal in the offshore sector are under pressure. VesselsValues' offshore manager Robert Day has a new study out on how many ships are currently not in service on a global scale, a study that shows that 32 percent of the worlds ships are not in service. The situation is worst in South East Asia.
“The estimated number of out of service vessels is an incomplete science, but with the help of a large quantity of data, VesselsValue are able to give an approximate estimate by the use of the following method. VV observes the news of a vessels AIS-signal og filtrates this data on a regular basis. The vessels that do not respond within one week are considered to be non operating.
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