An in-depth review of the current U.S. Subsea Vessel Fleet, the impact of recent consolidation developments between vessel owners and contractors, a shift in focus towards more DSVs, and some comparables with other regions worldwide.

The recent consolidation between Hornbeck and Helix, Saipem and Subsea 7, the acquisition of Harvey Gulf Subsea fleet by Otto Candies, and a raft of M & A activity by Chouest, has significantly shaken up the U.S. subsea vessel landscape. What impact will such consolidation have on the market in the short and long-term for Charterers and end clients? What comparables can we draw with the North Sea and other regions? What are some of the barriers to newbuild vessels in the offshore market and how can these be overcome? What impact has the rise and fall of the offshore wind market had on the U.S. subsea fleet?

The Saturation Diving Market in the U.S. has been dominated by a very small number of players and vessels yet it has seen a recent increase in activity from new entrants and converted vessels for this market – is the market ready for more players and what is driving this renewed interest?