Oslo-listed OSV player Subsea 7 is enjoying its highest vessel utilisation since 2014.
Its 31 active ships enjoyed 89% employment in the third quarter, compared to 78% in the same period a year ago. This was also 9% up on the second quarter.
The owner had two vessels stacked and one under construction going into the period, although one of the laid-up ships was reactivated in July.
