VesselsValue finds 28% of offshore vessels currently laid up
![VesselsValue finds 28% of offshore vessels currently laid up](https://cdn.tinn.ir/thumbnail/vP4QLbyu4rD4/U7Ccvlt33jn-OqlMlImgutVLjEcw-jhlF2WJsSK4fMDDVSZN8IEX4Zd7jkGxwBqLJ5jM-fGYwhs1w24HZ1koLDQl1vN3HOg9/offsore.jpg)
VesselsValue said that it uses a big data approach which can provide a valid estimation of the number of vessels in lay-up status. According to data analysis, 28% of the offshore fleet is currently laid up, with PSVs topping the table with 36% of their fleet currently laid up.
Senior Offshore Analyst Charlie Hockless explained the process:
”Estimating the number of vessels in lay-up is an imperfect science, however, using a big data approach VesselsValue can provide a valid estimation using the following methodology. VV observes the recency of a vessel’s AIS signal and filters the data appropriately. Vessels that have not signaled for over a week are considered to be in lay-up.”