Construction Support Vessel (CSV) Market Assessment

Drewry completed an independent market assessment of the global CSV sector (Multipurpose Support Vessels (MSV), Diving Support Vessels (DSV) and Remotely Operated Vessel Support Vessel (ROVSV)) evaluating supply–demand dynamics, utilisation trends, and asset characteristics. The study highlighted a capability-driven market, with strong demand and earnings resilience concentrated in modern, high‑specification vessels. It concluded that the sector offers structurally supported growth—driven by offshore IRM and wind—while remaining exposed to cyclical offshore CAPEX trends.