VesselsValue: 28% Of Offshore Vessels Currently Laid Up

Estimating the number of vessels in lay-up is an imperfect science, however, using a big data approach VesselsValue can provide a valid estimation using the following methodology.

VesselsValue observes the recency of a vessels’s AIS signal and filters the data appropriately.

Percentage-of-Offshore-Fleets-Laid-Up — Image Credits: vesselsvalue.com

Vessels that have not signalled for over a week are considered to be in lay-up.

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VesselsValue: 28% Of Offshore Vessels Currently Laid Up

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