The escalating need for OPVs in Latin America's maritime patrol zone
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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...
