Boskalis Decides to Withdraw 24 Vessels

Image Courtesy: Boskalis

Dutch dredging and maritime company Boskalis has decided to take 24 vessels out of service in the 2016-2018 period through their scrapping, sale and lay-up, which will result in the loss of approximately 650 jobs worldwide during this period. 

Out of 24 vessels that will be taken out of service, ten are from the company’s dredging division and fourteen from the offshore energy one. These will include trailing suction hopper dredgers, cutter suction dredgers, anchor handling tugs and heavy transport vessels.

The decision comes as the company published its fleet rationalization study that was initiated “in light of deteriorating market conditions and an expected prolonged period of low energy and commodity prices”.

“The volume of work in the market has fallen sharply and this is putting pressure on the utilization rate of our vessels,” Peter Berdowski, CEO Boskalis, said.

The average age of the vessels earmarked for scrapping or sale is in excess of 30 years. Vessels offered for scrapping will be dismantled at certified shipyards in accordance with the Hong Kong Convention and Boskalis’ own standards, Boskalis said.

In addition, the company said that the workforce reduction will be absorbed through attrition and redeployment, where possible.

Share this article

Follow World Maritime News

In Depth>

Events>

<< May 2017 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

2ND ANNUAL PORTS AND TERMINALS INSURANCE SEMINAR

DETAILED GUIDANCE ON HOW THE INSURANCE MARKET IS CHANGING, HOW RISKS ARE ASSESSED AND WHAT…

read more >

9th Annual: UK Ports Conference 2017

The UK Ports Conference returns for the ninth year to provide the latest insights for the ports, shipping and maritime sectors, reviewing…

read more >

Posidonia Sea Tourism Forum 2017

The 2017 Posidonia Sea Tourism Forum will provide a unique platform to evaluate new investment opportunities and meet the leaders…

read more >

BARI-SHIP2017

At Bari-Ship you will meet not only the owners and leaders of these companies, but also the entire spectrum of managerial, operational and production staff…

read more >