Focus On: Offshore Outlook

Focus On

In this session, the panel will look at several areas of discussion and lively conversation in anticipated around questions that will include: we have been coasting along for the past few years patting our backs due to the recovery of the OSV sector and celebrating that we are basically on the cusp of the next supercycle. Has this all changed due to Liberation day, Tariffs, and the OPEC unwinding of the production cuts? is the supercycle over already - was it a super short cycle?

There has been a spurt of M&A in the market as well as consolidations. Do you see further consolidation in the market or have we reached some sort of equilibrium?

The Markets have generally been saying that there are not enough new builds. Owners are saying the prices of new builds are too high and that Charter rates are not high enough. Yet we all know that new builds are necessary as the existing fleet is aging. So what is going to give?