Anchor Handling Tug Supply Vessels Market Size Analysis, Segmentation, and Industry Growth Review, 2018 - 2023

The global anchor handling tug supply vessels market is expected to witness substantial growth in the forecast period due to rise in exploration and production activities in deep waters. Anchor handling tug supply vessels are the huge naval vessels used for towing and tugging ships. They are essentially used for placing the oil rigs in the sea and oceanic areas. The vessels are integrated with the winch (a crane like equipment), attached to the oil rigs and driven in the water. Moreover, anchor handling tug supply vessels are also used to rescue other ships in emergency cases. For instance, if any boat or a ship requires instant handling or tugging or towing, and the anchor handling tug is placed in the oceanic area, it then handles the stranded vessels.

The leading players in anchor handling tug supply vessels market include Havila Shipping, BOURBON, Farstad Shipping, Tidewater, SEACOR Holdings, Swire Pacific Offshore Operations, Eastern Shipbuilding, Bass Marine, Harvey Gulf International Marine, China Oilfield Services, Deep Sea Supply, Intermarine, EMAS Offshore, Halul Offshore Services, and Hornbeck Offshore
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Gazprom Neft, a leading market player, launched two novel robust icebreaking supply vessels. These vessels play an important role in the crude oil transportation from fields above the Arctic Circle. One of the fields, Novoportovskoye on the Yamal Peninsula, Arctic Circle is an important part of Russian oil producer Gazprom Neft’s plans. Previous year, 9.9M tones oil equivalents were generated from the Arctic field, which was 40 percent more in comparison to the previous year. Since, offering oil to European consumers faced few complex technical and operational challenges, oil is produced at this field is sent through 100 km pipeline to the Arctic Gates station. This is done with the help of 6 particularly designed Arc7 ice-class shuttle tankers that load oil through a single-point mooring system at the station.

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• LNG-fueled Ships
• Diesel-Fueled Ships

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Anchor Handling Tug Supply Vessels for each application, including
• Oil Rigs
• Emergency Response and Rescue 

Key Questions Answered in this Report
• What will the market size be in 2023?
• What are the key factors driving the market?
• What are the challenges to market growth?
• Who are the key players in the market?
• What are the market opportunities and threats faced by the key players?

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