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Subsea Vessel Demand Expected to Accelerate

2014-12-02
1805

Subsea vessel demand will experience accelerated growth in the coming years at a rate of 7% CAGR (compound annual growth rate), says UK-based energy business advisors Douglas-Westwood (DW). In DW’s new "World Subsea Vessel Operations Market Forecast", global subsea vessel operating expenditure is set to total $122 billion during 2015-2019.

Source:Ship&Offshore