Bulletin Updates
Fewer vessels, fiercer bids: Will the bottom fall in pricing of OSVs this time? – 17 Jul 2025
Jul 17, 2025
ONGC's offshore vessel requirement dropped from 13 to 10
Yet the competition for these vessels is intense
An outlier is likely to bid insidiously low, and ONGC will hold the rest of the bidders to that price
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