ACEL sees opportunities in retrofit market


Ship refurbishers have given a 20-year-old multi-purpose offshore vessel at least another two decades of operations in what they are calling an extensive mid-life upgrade ‘amid increasing appetite for retrofits versus newbuilds’.

There are clear signs of a trend towards retrofit rather than newbuild, a topic Maritime Journal looked at in a recent Get Set for Workboat 2050 webinar that you can watch here.

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