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Westwood Insight – Harsh environment semisub market sells out; dayrates approach $500K – Westwood hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
Sold out! Harsh environment semi-submersible rigs unavailable: Westwood upstreamonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from upstreamonline.com Daily Mail and Mail on Sunday newspapers.
Reflecting high demand for sixth-generation, harsh-environment semisubmersible rigs, their committed utilization is sold out at 100%. Dayrates in this group are forecast to continue increasing over the next five years, with rates at or above $500,000 for contracts beginning in late 2024 and early 2025. ....