More Offshore Layoffs – World Wide Supply Lay-ups to Impact 48 Crew
Norway’s World Wide Supply (WWS) says it’s laying up two platform provide vessels working within the UK spot market amid weak demand for offshore vessels.
WWS introduced the layups Wednesday in a press release to the Oslo Børs inventory alternate. The firm owns a complete of six PSV3300-design platform provide vessels delivered by Damen Shipyard in the course of the second half of 2013.
The vessels impacted would be the World Diamond and World Pearl, each buying and selling within the UK spot market. The lay-ups will consequence within the termination of 48 crew, WWS mentioned.
“World Wide Supply has decided to lay up the PSV`s World Diamond and World Pearl due to a very weak offshore spot market,” the assertion mentioned.
World Wide Supply’s 4 different PSVs are beneath long-term contracts with Petrobras in Brazil by means of July 2018.
The spot marketplace for offshore vessels has been hit arduous by a lower in oil and fuel exercise throughout the globe.
Earlier this week, Norwegian ship proprietor Solstad Offshore introduced plans to layoff about 50 offshore workers because of the sale two offshore vessels and two lay-ups, each at the moment buying and selling the North Sea spot market.
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