OSV reuse better than scrapping?

The company that runs the ferries to Martha’s Vineyard/Nantucket re-uses old mud boats as freight boats. In fact rumors are they are looking to replace them with some of Hornbecks old boats

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This is a bit different from the “normal” ideas for reuse of PSVs:

Solstad has completed the “right sizing” of their fleet by sell 36 vessels considered “non-strategic” to their fleet and business model:

Maersk Supply have decided that scrapping is better:

3 less Offshore vessels competing for the jobs available.


The MAERSK HELPER being towed to the Fornaes ship recycling yard in Grena by the FRIGGA

Note that they are towed individually, not tied together side by side.
Lesson learnt!!

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