# Reactivating or scrapping old OSVs

**URL:** <https://forum.gcaptain.com/t/reactivating-or-scrapping-old-osvs/51319>\
**Category:** Professional Mariner Forum\
**Created:** [April 25, 2019, 10:01am UTC](https://forum.gcaptain.com/t/reactivating-or-scrapping-old-osvs/51319 "2019-04-25T10:01:55Z")\
**Posts on this page:** 1\
**Page:** 1

<div class="post-metadata">

**Author:** ![ombugge](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.gcaptain.com/ombugge/32/11217_2.png) [@ombugge](https://forum.gcaptain.com/u/ombugge)\
**Post date:** [April 25, 2019, 10:01am UTC](https://forum.gcaptain.com/t/reactivating-or-scrapping-old-osvs/51319/1 "2019-04-25T10:01:56Z")

</div>

After a long layup, does it pay off to reactivate older OSVs, or is it cheaper and better to scrap and build new, or buy second hand?:

> **[High reactivation costs see greater number of OSVs heading for scrap -](https://splash247.com/high-reactivation-costs-see-greater-number-of-osvs-heading-for-scrap/)**
>
> The costs of taking offshore supply vessels out of cold layup has proven to be far more expensive than originally forecast, leading more ships to head for recycling, a new report from Fearnley Offshore Supply has highlighted. The OSV market in...

  
That is a question many owners/operators are facing today, with the market improving worldwide.  
If the vessel is 15 years or older it is also a question if charterers are willing to offer any long term charter, even at lower than market rate.

What is your opinion, seen from a US and/or international perspective?