SPI
Ship&Offshore | Issue 04/2016

Projects continue despite low oil prices

May 2016 | Editor

OVERVIEW | Shipping’s markets are mostly in poor shape and shipbuilders are suffering as new orders dry up. But demand for ship and offshore asset conversions never seems to wane as owners and operators identify new opportunities and untapped revenue streams. Despite low energy prices today, there is massive scope for floating energy assets tomorrow, and conversions will continue to play a key role, writes freelance journalist Paul Bartlett.