Den vilande offshoreflottan - En studie över orsaker till och effekter av fartygsuppläggning inom den norska offshorebranschen

Examensarbete för kandidatexamen

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Type: Examensarbete för kandidatexamen
Bachelor Thesis
Title: Den vilande offshoreflottan - En studie över orsaker till och effekter av fartygsuppläggning inom den norska offshorebranschen
Authors: Brattåsen, Nicole
Yahyaei Fard, Melissa
Abstract: Due to large oil supply and stagnating demand the oil price significantly decreased in 2014, leaving many actors in the offshore industry with a hard time finding profitability in their business. Among these actors are the many ship-owners who operate so called offshore supply vessels (OSV: s). These vessels are used to supply the offshore installations of the oil companies and assist with services such as anchor handling, tugging and repair & maintenance. The activity of the offshore installations in Norway has, since the oil price collapse, decreased to the extent that many of the vessels owned by Norwegian ship-owners no longer have enough work to cover their operating expenses. Ship-owners have therefore chosen to put vessels in lay-up. A lay-up means that a ship is temporarily taken out of service for a longer period, awaiting increased rates on the market. The thesis has studied the causes behind the laid up OSV-fleet in Norway, which effects the lay-ups have had on the concerned market and what expectations the industry has on the future. The ship-owners and shipbrokers active in the Norwegian offshore industry interviewed for this thesis have given a unanimous view of the current market situation as a supply-and-demand issue. Too many vessels in combination with too many ship-owners have contributed to a very high competition which has led to low rates on the spot market and difficulties finding long-term contracts. Out of the about 600 vessels in the Norwegian OSV-fleet, about150 have been laid up. The lay-ups have had a positive, but small, effect on the tough situation that the ship-owners are in, but there is a long way left until the market is in balance again. Moreover, bankruptcy and consolidation among ship-owners have occurred and are expected to continue. There are different opinions regarding whether a further increased oil price or not is what is needed for the ship-owners to regain profitability. None the less, there is a common opinion amongst the ship-owners that the oil companies’ activities must increase is the market is to be stabilised.
Keywords: Transportteknik och logistik;Transport;Transport Systems and Logistics;Transport
Issue Date: 2017
Publisher: Chalmers tekniska högskola / Institutionen för sjöfart och marin teknik
Chalmers University of Technology / Department of Shipping and Marine Technology
Collection:Examensarbeten för kandidatexamen // Bachelor Theses

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