Vroon Offshore Services has decided to pull 12 offshore-support vessels out of operation, saying the move is a â€œdirect result of the ongoing slump in offshore oil and gas activitiesâ€.
Vroon stated, â€œWe deeply regret the corresponding reduction in on-board positions and the consequences this has for our colleagues.â€
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.
The company added: â€œThe 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 Servicesâ€™ commitment to safe and flawless service delivery to clients is unremitting, and the company will continue expanding its market coverage.â€