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(From Lloyds List)
Market swings from slack to very tight
LONG- term charters and busy cargo activity has tightened offshore support markets in the North Sea, writes Martyn Wingrove .
Dayrates for support vessels on the spot market have doubled over a week as offshore work begins to pick up after the winter's lows.
'The market has gone from slack to very tight. There are a lot of rig moves and the cargo market is busy,' said an Aberdeen-based broker.
Anchor handling dayrates have risen to around GBP17,000 ($26,850) while platform supply vessels are getting between GBP7,000 and GBP10,000, said brokers.
Several vessels have secured long-term charters with oil companies and service contractors.