The Netherlands-based Vroon Offshore Services has decided to pull twelve offshore-support vessels out of operation due to the ongoing slump in offshore oil and gas activities.
From the fourth quarter of 2015 onwards, five platform-supply vessels and seven emergency response and rescue vessels (ERRV) will enter long-term lay-up.
In addition, a number of older ERRVs are being divested for recycling purposes.
”The current market conditions, which have created low vessel-utilisation levels, require us to substantially reduce operational costs on unemployed vessels,” Vroon said in a statement.
”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.”