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African demand for OPVs intensifies with enduring maritime security threats

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Africa’s share of global offshore patrol vessel (OPV) fleet ownership has increased from 5% to 7% over the last 12 months. Offshore patrol vessels are the fastest growing segment of the Naval Vessels Market. At least 22 countries are known to have a total of 120 OPVs on order and 28 countries plan for another 265 at a total value of over $57 billion. The total number of OPVs on order has increased by 7% in the last year, while the number planned for the future has also increased –...

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