Market Position

April 2022

Market conditions in the offshore industry remain positive with increased working opportunities continuing to appear within the oil & gas sector.

Currently, Admiral Offshore is in a strong position with all five vessels on long-term charters to blue chip International and National Oil Companies as well as indigenous vessel operators.

Through the opening four months of 2022, the Admiral Group is hitting set targets and maintaining its revenue profile.

With an effective bottom-up management structure in place within the company, all opinions are heard, and final decisions can be made promptly and delivered to a high standard. This allows Admiral Offshore to remain pro-active and able to respond to market change and market demand.

As we enter the summer months, we will continue to assess market conditions and evaluate what is best for us to maintain and improve margins going forward whilst continuing to deliver excellent service and reliability to our customers.

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Our Fleet of Vessels

Admiral Offshore operates 5 x Damen 3307 FCS Vessels.

We have a variety of charter and operating arrangements in place and have the flexibility to deliver a range of solutions in order to meet client needs. We provide support to a variety of market sectors.

SVS Avery

Fast Support Intervention

SVS Guardsman

Fast Crew Supply

SVS Hawkins

Fast Support Intervention

SVS Monck

Fast Support Intervention

SVS Teach

Fast Support Intervention

 

Tel: +44 1273 467 611

eMail: info@admiraloffshore.com

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