Wednesday, Nov 29 - Friday, Dec 1, 2017

Exploring the Viability of OSV Conversions

30 Nov 2017
8:30 am - 9:15 am

Exploring the Viability of OSV Conversions

With a down market in the offshore O&G sector in the U.S., OSV utilization rates are at historic lows leaving many modern U.S. Flagged vessels stacked with an uncertain future. In contrast, the near-term dredging market in the U.S. presents near-term sustained business and the potential for growth. OSV operators continue to look for new ways to re-purpose stacked OSVs to generate revenue. As such, we explore the feasibility of converting OSVs to dredge vessels by addressing the technical aspects of a vessel conversion and the business case of this concept.

Track Name: Shipyard Program
Session Date: Nov 30 2017 8:30 am – 9:15 am
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