Supply & Tug Supply - Past Reports

Supply Market Report - Dec 2019

As of December, Marcon reports 274 supply and tug supply boats officially on the market for sale out of 3,097 tracked. Little has changed in the OSV market since our June 2019 report. The few sales seen have been at deeply discounted prices. Asking prices are still high for vessel conditions and ages. For older or rougher condition vessels, selling prices are near or at scrap levels. On the plus side, we have heard of vessels going back to work, positively impacting utilization and day rates. But these improvements are still not enough to help owners break-even.

Supply Market Report - June 2019

As of June, Marcon reports 275 supply and tug supply boats officially on the market for sale out of 2,998 tracked. This is down 32 vessels or 10.42% from one year ago. The few sales there have been of OSVs remain at deeply discounted levels. It seems the longer the market takes to come back, even bargain prices are not enough to attract buyers. In the meantime, vessels languish on the market for years with market prices dropping, all while Mother Nature takes her toll on condition, further discounting the vessels' values.

Supply Market Report - Sept 2018

Marcon reports 279 supply and tug supply boats officially on the market for sale out of 3,063 tracked. This is down 24 vessels or 7.92% from one year ago. The OSV market is very tight, leading firms into further consolidation, sale and scrapping of tonnage and, in some cases, bankruptcy filings for most of all but the strongest market players.

Supply & Tug Supply Market Report - Feb 2018

Marcon had 321 supply and tug supply boats officially on the market for sale out of 3,250 tracked. More vessels are available for sale and asking prices are declining, but still above what buyers are willing to pay in this continuing repressed market.

Supply & Tug Supply - August 2017

Marcon was tracking 3,251 supply and tug supply boats, with 301 officially on the market for sale.