Forecast: Number of Offshore Activities Vessels in the UK

In 2023, the number of offshore activities vessels in the UK stood at approximately 7.32 thousand. From 2024 onwards, a slight declining trend is forecasted, with the count decreasing to 7.21 thousand by 2028. The year-on-year percentage changes are minor, reflecting a marginal annual decrease over this period. Specifically, the compounded annual growth rate (CAGR) from 2024 to 2028 indicates an average decline of approximately 0.34% per year.

Future trends to watch for include:

  • Technological advancements in offshore operations which could influence the demand for vessels.
  • Regulatory changes and environmental considerations impacting operational strategies.
  • Fluctuations in global energy markets affecting offshore activity levels.

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