Fearnley Offshore Supply

What Fearnley Offshore Supply does

Fearnley Offshore Supply is a Norway-based shipbroking firm operating as a wholly-owned subsidiary of the Astrup Fearnley Group, a diversified maritime services conglomerate whose roots date to 1869. The company was established in 1973 to serve the offshore support vessel (OSV) sector and today intermediates vessel transactions for owners, charterers, shipbuilders, and energy companies across three core verticals: oil-and-gas OSVs (AHTS, PSV, subsea construction), offshore wind / renewables, and fishery and aquaculture. Core services are chartering (spot, long-term, and bareboat), newbuilding contract brokerage, sale and purchase intermediation, and advisory / market intelligence, with post-fixture services and bespoke studies as supplementary offerings. Service delivery runs on a 24/7 basis through a network of eight offices covering Oslo, London, Houston, Singapore, Dubai, Shanghai, Beijing, and Taiwan.

The firm's technology layer centers on FOS Live, a web platform that publishes real-time North Sea AHTS/PSV vessel positions, fixtures, outstanding requirements, and availability data, complemented by bi-monthly OSV market reports, yearly summary issues, and tailor-made market studies. This stack is a domain-specialized data and intelligence product rather than a software or AI platform; it serves as both a client engagement channel and a differentiator versus pure broker intermediation. There is no disclosed AI/ML capability. Distribution is direct enterprise sales through senior brokers in each hub, supported by FOS Live and periodic report distribution as top- and mid-funnel touchpoints.

The business model is transaction-based: commissions on charters are calculated as a percentage of freight, hire, or purchase price; commissions on S&P are due on delivery and payment; newbuilding commissions are paid across stage payments. Post-fixture services, valuations, fleet studies, and bespoke research are billed under specific fee agreements. Pricing is negotiated bilaterally with principals and is not publicly disclosed. The company states it concludes hundreds of deals annually, supported by an 30-employee headcount and a relationship model that has produced multi-decade client retention. Financials are not publicly disclosed, consistent with its status as a private subsidiary of a private group.

Name

Fearnley Offshore Supply

Legal name

Fearnley Offshore Supply AS

Website

https://fearnleyoffshoresupply.com

Company type

Private

Founded year

1869

Operating status

Operating

Headcount range

11–50 employees

Short description

Fearnley Offshore Supply is a Norway-based shipbroking firm and Astrup Fearnley Group subsidiary intermediating offshore support vessel transactions (chartering, newbuilding, sale and purchase) for vessel owners, charterers, shipbuilders, and energy companies globally across OSV, renewables, and aquaculture markets.

Ownership category

akta.pro rank

Product category

Offshore Shipbroking & Maritime Brokerage Services

NAICS

Support Activities for Water Transportation (4883), Other Support Activities for Water Transportation (48839)

SIC

Oil & Gas Field Services, Nec (1389), Water Transportation (4400)

akta.pro primary industry

Offshore Marine & Aviation Support (PSVs, AHTS, Crew Boats, Helicopters) (EUALABAJ)

akta.pro secondary industries

Offshore Support & Marine Logistics Vessel Operators (PSV/AHTS) (TLADABAL), Offshore Wind & Renewable Support Vessel Construction (SOV, CTV, WTIV) (IMAJACAG)

Keywords

• Offshore shipbroking
• Vessel chartering services
• Newbuilding brokerage
• Maritime advisory services
• Offshore support vessels

Headquarters

HQ city

Oslo

HQ country

Norway

HQ region

Europe

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Brokerage Commission on Charters: Fee calculated as an agreed percentage of freight, hire or purchase price for charter contracts. For voyage charters, fees are calculated on dead freight, demurrage and freight. For time charters, fees are due on hire throughout the charter duration including extensions.
2. Brokerage Commission on Sale & Purchase: Fees due and payable on delivery of the ship and payment of the purchase price for sale transactions.
3. Newbuilding Contract Brokerage: Fees due as and when each stage payment is made during the newbuilding process.
4. Post Fixture Services: Advisory and assistance services with communications and operational matters after fixture conclusion, and assistance with claims. Subject to specific fee agreement between client and company, invoiced at completion or agreed stages.
5. Other Services: Additional services including market research and studies, specific analyses, market recommendations, offer analyses, ship valuations, ship registrations, fleet structure studies, and feasibility studies. Subject to specific fee agreement.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Fearnley Offshore Supply is a shipbroker intermediating the chartering, sale and purchase, and newbuilding of offshore support and specialized vessels (AHTS, PSV, subsea construction, offshore wind, and aquaculture support). It provides full transaction services from yard pre-qualification and contract negotiation through post-fixture operational support, supplemented by market intelligence and bespoke advisory studies.

Product overview

Fearnley Offshore Supply operates as a shipbroking and maritime services company offering a unified portfolio of integrated services centered on vessel procurement and maritime market intelligence. The core offering consists of Chartering (spot, long-term, and bareboat charters for offshore support vessels), Newbuilding Contracts (full newbuilding brokerage services worldwide), Sale & Purchase (intermediating OSV transactions with vessel valuations), and Advisory services (market reports, studies, and real-time data). Supporting these core services are Post Fixture Services (operational support after contract conclusion) and Other Services (valuations, fleet studies). The company also provides proprietary digital intelligence through FOS Live (real-time vessel tracking platform) and OSV Market Reports (bi-monthly industry reports). As part of the Astrup Fearnley Group, the company services three main industry segments: OSV (Offshore Support Vessels), Renewables, and Fishery & Aquaculture.

Differentiator

Problem solved

Functional benefit

Products and services

• Chartering Chartering services for all vessel types from flat-top barges to subsea construction vessels, including spot, long-term, and bareboat charters of offshore support vessels. Targeted at vessel owners, charterers, and energy companies globally.
• Newbuilding Contracts Complete newbuilding brokerage services including pre-qualification of yards, market evaluations, bid invitation, shortlisting of yards, negotiations, and contract and post-contractual work for specialized vessel newbuilds worldwide. Targeted at shipowners, operators, and investors seeking new offshore support vessels.
• Sale & Purchase Market-leading Sale & Purchase shipbroking intermediating the sale and purchase of offshore support and special ships between sellers and buyers, including vessel valuations and detailed historical data. Targeted at vessel sellers, buyers, and investors in the offshore segment.
• Advisory Market intelligence advisory services covering the offshore support and specialized vessels market in Oil & Gas and Offshore Wind industries. Targeted at vessel owners, charterers, financial institutions, and corporate buyers requiring market visibility and strategic insights.
• Post Fixture Services Advice and assistance with communications and operational matters arising after a fixture has been concluded, including claims handling. Targeted at clients who have concluded a charter or sale transaction through the firm.
• Other Services (Market Research, Valuations, Fleet Studies) Additional services including market research and studies, specific analyses, market recommendations, offer analyses, ship valuations, ship registrations, fleet structure studies, and feasibility studies. Targeted at investors, financial institutions, and corporate clients requiring specialized maritime analysis.
• FOS Live Web-based platform providing real-time North Sea (AHTS/PSV) vessel positions, specifications, fixtures, outstanding requirements, and availability information. Targeted at offshore vessel owners, charterers, and operators needing live North Sea market visibility.
• OSV Market Report Bi-monthly OSV Market Report covering the Offshore Support and Specialized Vessels Market in both the Oil & Gas and Offshore Wind industries. Targeted at vessel owners, charterers, and energy companies requiring regular offshore market intelligence.
• Market Reports (Quarterly, Yearly, Bespoke) Quarterly market reports, yearly summary issues, bespoke market studies, and real-time market data available to all clients who register their interest. Targeted at vessel owners, charterers, financial institutions, and corporate buyers across the offshore segments.

Quantifiable outcome

• Outstanding track record with several clients who have been with the company since the beginning
• +1 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Astrup Fearnley GroupflagshipOthersParent company and group affiliation providing strategic direction and support. The Astrup Fearnley Group has a proud history dating back to 1869, representing generations of excellence in shipping and offshore services. Fearnley Offshore Supply operates as part of this group, benefiting from shared resources, brand heritage, and the ability to offer one-stop-shop solutions across segments and capital markets.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Westshore Shipbrokers: Norway-based shipbroker with offshore vessel chartering and S&P activities. Particularly comparable peer to Fearnley given shared Norwegian offshore market focus and similar size and specialization in OSV transaction intermediation.
• Braemar PLC: London-listed shipbroking and consultancy group with dedicated offshore and OSV brokerage activities. Competes directly with Fearnley in chartering, S&P, and advisory across offshore support vessel markets.
• Clarkson PLC: Largest publicly-listed shipbroker globally, offering OSV chartering, S&P, newbuilding, and research. Directly comparable to Fearnley Offshore Supply across the same offshore support vessel transaction types, though with much broader shipping and broader geographic scale.
• Maersk Broker: Shipbroking arm of the Maersk group active in container, tanker, and dry cargo chartering and S&P with global presence. Compares to Fearnley as a globally diversified shipbroker, though with stronger container and tanker focus rather than OSV specialization.
• Howe Robinson Partners: Independent London-based shipbroker offering chartering, S&P, and newbuilding across offshore and specialized vessel segments. Directly comparable to Fearnley as a mid-sized specialist shipbroker with similar service portfolio.
• Simpson Spence Young (SSY): Independent shipbroker active in OSV chartering, S&P and newbuilding brokerage with global office network. Closely comparable niche competitor to Fearnley in offshore vessel intermediation, particularly in AHTS/PSV and subsea segments.
• Gibson Shipbrokers: Independent London-based shipbroker specializing in OSV, tanker, and specialized vessel chartering and S&P. Direct niche competitor to Fearnley in offshore vessel broking, particularly in the North Sea and West African markets.

Emerging players

• VesselsValue: Digital maritime data and vessel valuation platform with particular strength in offshore and OSV markets. Compares to Fearnley's FOS Live platform as a data-driven competitor targeting shipbrokers, owners, and charterers with vessel analytics and pricing intelligence.
• East Maritime: Smaller shipbroking and advisory firm with offshore vessel activities. Comparable niche competitor to Fearnley in OSV chartering and advisory, though with smaller scale and more regional focus.

Others

• Axsmarine: Digital maritime freight and vessel data platform serving shipowners, charterers, and brokers. Adjacent competitor to Fearnley's FOS Live platform, providing data infrastructure that could complement or substitute parts of traditional shipbroking workflows.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/fearnley-offshore-supply

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fearnley Offshore Supply