Page 10: of Offshore Engineer Magazine (Jul/Aug 2020)
MARKET REPORT Transport & Installation
MARKET IN FOCUS:
GLOBAL HEAVY LIFT
By Catherine MacFarlane, IHS Markit he global heavy lift vessel market is a dif?cult place mand fall signi?cantly. According to global ?gures from IHS to be. Utilization for the ?eet has remained de- Markit’s FieldsBase, 190 ?xed platforms were installed in both pressingly low since the ?rst oil and gas downturn 2013 and 2014, rising to 219 in 2015. The slowdown in ?eld
Tin 2014, currently hovering around 33% for the development activity since then has seen the number of ?xed global ?eet with a lift capacity of over 800 tonnes, according facilities installed slump to 118 in 2017, although this has to IHS Markit’s ConstructionVesselBase. improved to 147 installations in 2019.
Fixed platform installation work, the traditional mar- ConstructionVesselBase tracks a total of 127 vessels world- ket driver for the heavy-lift ?eet in oil and gas, has seen de- wide with a lift capacity of 800 tonnes or more, with a further
Source: Saipem 10 OFFSHORE ENGINEER OEDIGITAL.COM