The escalating need for OPVs in Latin America's maritime patrol zone
Offshore Patrol Vessels (OPVs) 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 – by 40%.
The African proportion of the world OPV fleet has grown from 5% -7% over the last year although Latin America is on...
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