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6.0 Fleet Sizes<br />

As of January 2008 there were 859 new vessels on order globally (Table 3 below), however much of the<br />

supply and smaller anchor handling fleet is old. Table 4 shows the average age of the total offshore global<br />

fleet at 22.23 years. Newer vessels are generally larger (PSVs) and more powerful (large AHTS vessels) than<br />

those built earlier and there is a need for modernisation of the fleet in most categories.<br />

Table 3: Vessels types and Global Fleet size at January 2008 and on order<br />

Fleet Size<br />

Vessel Type January 2008 Orderbook<br />

Anchor Handling Tugs (AHT) ................................. 522 17<br />

Anchor Handling Tug Supply (AHTS) ........................... 1537 421<br />

Diving Support (DSV) ....................................... 65 27<br />

Heavy Lift/Crane ........................................... 27 4<br />

Maintenance .............................................. 47 0<br />

Mooring ................................................. 13 0<br />

Multi-Functional Subsea Support ............................... 129 62<br />

Pipe Layer ............................................... 14 5<br />

Platform Supply (PSV) ...................................... 480 213<br />

ROV/Sub Support .......................................... 18 22<br />

Standby/Rescue ............................................ 323 34<br />

Seismic Survey ............................................ 162 24<br />

Well Stimulation ...........................................<br />

Misc (includes ; Crew Boats; Coastguard; Flotels; Gravel/Stone<br />

Discharge; Laybarges; Pollution Control; Survey; Utility Workboat;<br />

16 12<br />

Cable, Umbilicals & FP/Flowline Lay) ......................... 2338 18<br />

TOTAL Offshore fleet ...................................... 5691 859<br />

Table 4: Total Global Existing Fleet breakdown by Type, Percentage and<br />

Average Age at January 2008<br />

Vessel Type Number<br />

Percentage of<br />

Total Fleet Average Age<br />

Anchor Handling Tugs (AHT) ........................ 522 9.17% 23.86<br />

Anchor Handling Tug Supply (AHTS) .................. 1537 27.0% 21.50<br />

Diving Support (DSV) .............................. 65 1.14% 26.14<br />

Heavy Lift/Crane . . . ............................... 27 0.47% 31.15<br />

Maintenance ..................................... 47 0.83% 28.91<br />

Mooring ........................................ 13 0.23% 23.85<br />

Multi-Functional Subsea Support ...................... 129 2.27% 16.41<br />

Pipe Layer. ...................................... 14 0.25% 20.64<br />

Platform Supply (PSV) ............................. 480 8.43% 10.12<br />

ROV/Sub Support . . ............................... 18 0.32% 28.00<br />

Standby/Rescue ................................... 323 5.68% 23.31<br />

Seismic Survey ................................... 162 2.85% 28.54<br />

Well Stimulation . . . ............................... 16 0.28% 19.81<br />

Misc........................................... 2338 41.08% 23.86<br />

TOTAL FLEET ................................... 5691<br />

TOTAL AVERAGE AGE ............................ 22.23<br />

7.0 Newbuilding Rigs by Numbers<br />

With a total of 562 offshore rigs built and order in February 2008, table 5 demonstrates there is<br />

approximately 27% of the current drilling fleet on order. The majority of these rigs are due for delivery<br />

83

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