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In this report, the Global Anchor Handling Tug Supply Vessels market is valued at USD XX million in 2019 and is expected to reach USD XX million by the end of 2026, growing at a CAGR of XX% between 2019 and 2026. Global Anchor Handling Tug Supply Vessels market has been broken down by major regions, with complete market estimates on the basis of products/applications on a regional basis.

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Anchor handling tug supply vessels are specially designed to handle anchors for oil rigs, tow ships to location, anchor ships and oil rigs, and serve as an emergency response and rescue vessel. The increasing number of offshore oil rigs is one of the primary factors driving the growth of this market globally. Oil rigs are offshore oil platforms that facilitate the drilling of wells for exploration and production activities. The increasing drilling of offshore oil and gas reserves will lead to a rise in the number of AHTS vessels. Moreover, the maturing onshore oil reserves in the North Sea and the Gulf of Mexico will also result in an augmented demand for AHTS vessels.

One of the emerging factors spurring the growth prospects for this market is the increasing adoption of LNG-fueled vessels. Since LNG is cost-effective, the market is showing a trend of using LNG-fueled AHTS vessels instead of diesel-fueled ships. LNG is a low-pressure gas and is well suited for AHTS vessels. The LNG-fueled AHTS vessels are also likely to reduce the costs involved in the operation of AHTS, thereby propelling this market’s growth in the coming years.

The research report studies the Anchor Handling Tug Supply Vessels market using different methodologies and analyzes to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.

Global Anchor Handling Tug Supply Vessels market: Drivers and Restraints

This section covers the various factors driving the global Anchor Handling Tug Supply Vessels market. To understand the growth of the market it is important to analyze the various drivers present the market. It provides data by revenue and volume of different regions and their respective manufacturers. This data will elaborate on the market share occupied by them, predict their revenue concerning strategies, and how they will grow in the future. After explaining the drivers, the report further evaluates the new opportunities and current trends in the market.

Market restraints are factors hampering market growth. Studying these factors is equally pivotal as they help a reader need understand the weaknesses of the market.

Global Anchor Handling Tug Supply Vessels market: Segment Analysis

The global Anchor Handling Tug Supply Vessels market is split into two segments, type, and application. The product type briefs on the various types of products available in the market. The report also provides data for each product type by revenue and sales for the forecast time period. It covers the price of each type of product. The other segment on the report, application, explains the various uses of the product and end-users. In the report, the researchers have also provided sales according to the consumption of the product.

Global Anchor Handling Tug Supply Vessels market: Regional Analysis

The major regions covered in the report are North America, Europe, Asia-Pacific, South America, Middle East & Africa, etc. The report has specifically covered major countries including U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. It includes revenue and volume analysis of each region and their respective countries for the forecast years. It also contains country-wise volume and revenue from the year 2015 to 2020. Additionally, it provides the reader with accurate data on volume sales according to the consumption for the same years.

Global Anchor Handling Tug Supply Vessels market: Key Players

The report lists the major manufacturers in the regions and their respective market share on the basis of global revenue. It also explains their strategic moves in the past few years, investments in product innovation, and changes in leadership to stay ahead in the competition. This will give the reader an edge over others as a well-informed decision can be made looking at the holistic picture of the market.

By the product type, the market is primarily split into

Below 5,000 HP

5,000 – 9,999 HP

Above 10,000 HP

By the end users/application, this report covers the following segments

Oil & Gas



Competitive Landscape:

The report provides a list of all the key players in the Anchor Handling Tug Supply Vessels market along with a detailed analysis of the strategies, which the companies are adopting. The strategies mainly include new product development, research, and development, and also provides revenue shares, company overview, and recent company developments to remain competitive in the market.

The Anchor Handling Tug Supply Vessels key manufacturers in this market include:


Farstad Shipping

Havila Shipping

SEACOR Holdings

Swire Pacific Offshore Operations


Bass Marine

China Oilfield Services

Deep Sea Supply

Eastern Shipbuilding

EMAS Offshore

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