Prosafe reports highest quarterly fleet utilization in seven years

In Q2, hotel rig provider Prosafe saw substantially higher fleet utilization, which reached the highest level in seven years.

Photo: PR / Prosafe

Norwegian Prosafe, which operates a string of hotel rigs for offshore workers, saw its fleet utilization rise significantly in the second quarter of the year.

The company’s fleet utilization rate rose to 81.0% in Q2 against 65.8% in the same quarter last year, reports Prosafe in an update issued Tuesday.

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