Vroon Shipping Services will reduce its operational fleet by taking twelve offshore-support vessels out of operation, which consequently means it will also reduce the number of onboard positions.
The Dutch shipping company said in a press release on Thursday that it would be taking twelve offshore-support vessels out of operation, citing the ongoing slump in offshore oil and gas activities.
The company said that from the fourth quarter of 2015 onwards, five platform-supply vessels and seven emergency response and rescue vessels (ERRV) would enter long-term lay-up.
In addition, a number of older ERRVs are being divested for recycling purposes, Vroon has said.
“We deeply regret the corresponding reduction in onboard positions and the consequences this has for our colleagues,” the company said in its press release.
“The current market conditions, which have created low vessel-utilisation levels, require us to substantially reduce operational costs on unemployed vessels. Rationalisation of our operational fleet and cost structure started earlier this year and will remain a priority going forward. Vroon Offshore Services’ commitment to safe and flawless service delivery to clients is unremitting, and the company will continue expanding its market coverage.”