35 Jobs Lost as Farstad Moves to New Base in Australia
- Business & Finance
Norwegian shipowner Farstad Shipping will close down the management office in Melbourne as it concentrates its oil service activity in Australia to Perth.
Consequently, the Australian onshore organization will be reduced from 65 to around 30 employees.
Perth will facilitate both the headquarters and the operations centre, in addition to the company’s training and offshore simulation centre.
In addition, Farstad Shipping in Singapore, which previously has been reporting to Australia, will now be directly related to the head office in Aalesund.
“It is with regret that we have to lay off dedicated and highly skilled employees, but it is the unfortunate result of a necessary capacity adjustment,” Karl-Johan Bakken, CEO of Farstad Shipping.