20050901 - OSV Singapore: When does a boat die ? September 2005 - Singapore

When does a boat die ? Mike Meade M3 Marine Pte Ltd Singapore OSV Conference September 005

Preamble ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Some relevant numbers……. Photo courtesy of Nomis. Dea Lingue blt 1973, still operating successfully in Asia

Smaller AHTS (4-7000 BHP) 490 in service, average age 22 years 31+ vessels under construction Courtesy RS Platou

Courtesy RS Platou ,[object Object],[object Object],[object Object]

Courtesy RS Platou Large AHTS Market, 12000+ BHP 182 vessels in operation, average age 11 years 37 vessels under construction

….and the PSV’s ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

..and the Rigs Courtesy UOBKayHian

Conclusion on Numbers…… …....”simple sums for simple sailors” ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

What to do with an old boat ? ,[object Object],[object Object],[object Object],[object Object],[object Object]

Voluntary scrapping ,[object Object],[object Object],[object Object],[object Object]

Voluntary Scrapping Continued… ,[object Object],[object Object],[object Object],[object Object],[object Object]

20050901 - OSV Singapore: When does a boat die ? September 2005 - Singapore

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20050901 - OSV Singapore: When does a boat die ? September 2005 - Singapore