Vesselsvalue.Com / Seasure
Vesselsvalue.Com / Seasure News
Did You Know? The U.S.-Owned Ship Fleet is Valued at $47.2B
According to the most recent statistics from VesselsValue.com, published in the December 2018 edition of Maritime Reporter & Engineering News, the U.S.-owned fleet of ships totals 2,702 ships and $47.2 billion.The majority (2,618 ships worth $42.6B) are active now, with 84 vessels worth $4.5B currently on order.Tankers lead the value pack, with a cumulative 460 vessels woth $14B. But the Offshore Service Vessel (OSV) sector is cleary the leader in number of hulls…
Tidewater & GulfMark Consolidation Creates Largest OSV Fleet
VesselsValue's Head of Offshore Charlie Hockless weighs in on the merger between Tidewater and GulfMark."The consolidation between GulfMark and Tidewater is a positive for the market. With Tidewater’s steadfast and unyielding attitude towards the scrapping of non-performing vessels, this is a good chance for the market to reduce some of its oversupply. Hopefully with this new entity taking the lead…