JMUC sees stall in demand for offshore supply/support vessels

Jan. 28, 2015
Demand for offshore supply and support vessels has stalled according to Japan Marine United Corp. in a Bloomberg report.

Offshore staff

TOKYO –Demand for offshore supply and support vessels has stalled according to Japan Marine United Corp. in a Bloomberg report.

Interest in thesevessels from customers has become quiet, JMU President Shinjiro Mishima told Bloomberg. “They have changed to a ‘wait-and-see stance.’ We started to see this trend at the end of last year and into the beginning of this year.”  

The company, formed by the merger of shipbuilding units at steelmaker JFE Holdings Inc. and IHI Corp., is the sole Japanese producer of anchor-handling tugs for drilling rigs and platform supply vessels.

01/28/2015