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Ocean Peace buys, plans to convert another former petroleum service vessel

Petroleum service vessels built for $7 million four years ago are now being sold in the Gulf of Mexico for between $250,000 and $500,000 -- Steve Kokinos, Ocean Marine

By Jason Huffman | Oct. 2, 2018 17:58 BST
The Kenneth C. Tamblyn, an offshore vessel previously owned by Tidewater Marine. Photograph from Balticshipping.com.
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Ocean Peace just can't resist the unbeatable prices being asked for offshore vessels (OSVs) previously used by the petroleum service industry.   [...]

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