London-based energy market research firm Westwood has launched a new offshore vessel intelligence platform aimed at improving visibility across the global offshore support, service and offshore wind fleets.

The platform named MarineLogix covers more than 10,000 vessels operated by around 2,500 owners across over 30 vessel classes.

MarineLogix is built around a utilisation model designed specifically for offshore work, Westwood said, adding that rather than relying on basic movement data, the platform processes large volumes of AIS information to build continuous activity timelines that reflect how vessels are actually working offshore.

Vessel activity is then assessed against Westwood’s proprietary offshore infrastructure datasets, allowing utilisation to be analysed by region, vessel class and market segment. This enables benchmarking of working days across fleets and geographies, offering a clearer view of supply, demand and availability, Westwood noted.

The launch comes amid rising volatility across offshore oil and gas, offshore wind and broader energy transition markets. Shifting demand patterns, regional bottlenecks and tighter deployment windows have increased the risk of idle time and missed pricing opportunities, putting greater pressure on owners and operators to make informed deployment decisions.

Chen Wei, senior manager for offshore marine at Westwood, said inconsistent measures of vessel activity have long clouded market signals.

“One of the biggest challenges in the offshore vessel market is non-comparable activity data,” Wei said. “MarineLogix allows users to benchmark fleets, track daily developments and step back to a regional or global view, giving more confidence in deployment and investment decisions.”

Westwood chief executive Dominic Ferry said MarineLogix builds on the group’s existing OffshoreLogix environment, broadening its coverage beyond vessels alone.

“As offshore markets become more interconnected, isolated updates are no longer enough,” Ferry said. “MarineLogix complements vessel intelligence with insights across rigs, subsea, platforms and offshore wind, offering a more complete view of how markets are moving.”