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Offshore Supply Vessels, one of the crucial aspects for the offshore O&G platforms are basically ships that precisely serve operational purposes such as installation of rigs systems, O&G exploration and storage. These Vessels are perceiving an augmented demand worldwide attributing to the rising oil & gas exploration activities around the globe. Simultaneously, ever rising high demand for crude oil is fostering the growth of Offshore Supply Vessels market. Moreover, constant development of offshore reserves and rising deep water production influence the growth of the global offshore drilling market positively. Owing to all these factors; the market of Offshore Supply Vessels is garnering an extensive demand on the global platform growing enormously.

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Competitive Landscape

The major key player in global offshore support vessel market are Maersk (Denmark), Siem Offshore AS (Norway), SEACOR Marine (U.S.), Tidewater (U.S.), GulfMark Offshore Inc. (U.S.), Havila Shipping (Norway), and Vroon B.V. (Netherlands). Swire Pacific Offshore Operations (Pte) Ltd (Singapore), Edison Chouest Offshore (U.S.), Abdon Callais Offshore LLC (U.S.), Solstad Farstad (Norway), and Bourbon Offshore (France) are among others who are highly capable to serve the best in the industry.

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Worldwide Offshore Supply Vessels Market Segments Analysis

The Global Offshore Supply Vessels Market is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;

By Type: Comprises Anchor Handling Tug Supply, Platform Supply Vessel, Multipurpose Support Vessel, Standby & Rescue Vessel and other.

By Depth/Process: Shallow Water, Deep Water.

By Regions:  North America, Europe, APAC and Rest of the World.

Offshore Supply Vessels Regional Market Analysis

Asia pacific is one of the leading regions for growth in offshore development. Geographical factors has fuelled the growth in offshore market. Moreover, China, Thailand, India, Malaysia, and Indonesia are mainly driving the growth of the offshore support vessel market in the APAC region. Additionally, equipped with increased cargo capacity, panoramic navigation bridge visibility, large accommodation spaces, enhanced crew amenities and automation system are booming the market in Asia pacific.

The increase in global oil & gas production from North America and the Middle East has shifted the focus of operators towards offshore markets. Secondly, liberalization of the Mexican oil & gas industry is another key driver fuelling the demand for offshore supply vessels.

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