Search results for: redundancies

1917 results

A list of search results

  • 15 April 2016

    Malaysian oilfield services provider SapuraKencana has reportedly decided to undertake a restructuring of the company that may involve “redundancies” amid low oil price environment.  According to Nikkei Asian Review, an Asia-focused English-language publication, the Malaysian company will undertake a restructuring campaign, effective June 1, 2016. The news website stated that the company’s president and CEO, Shahril Shamsuddin, […]

  • 8 June 2015
    Business & Finance

    Wave and tidal energy market demands have led the European Marine Energy Centre (EMEC) to reorganization, during which redundancies will be made, the Centre announced Friday. To maintain EMEC dynamic and enable its prompt response to market conditions under tight R&D funding, the restructure will focus on meeting industry’s demand, Neil Kermode, EMEC’s Managing Director explained. “The […]

  • 8 July 2016

    Royal Dutch Shell has changed its redundancy terms so it can claim tax refunds that some UK workers would otherwise have been able to claim on redundancy payments, internal documents seen by Reuters show.

  • 2 June 2009

    More than 100 port workers on Teesside face losing their jobs. PD Ports has written to the 600 staff at its Teesport site warning of the risk of redundancy to about 120 posts. It said it followed the announcement by Corus that it was set to mothball the Redcar Teesside Cast Products site after a […]

  • 19 October 2016
    Business & Finance, Equipment

    Technip’s wholly-owned subsidiary, Technip Umbilicals, has repotedly entered into a period of collective consultation with its workforce over proposed redundancies for its Newcastle-based manufacturing facility. The company, which employs some 500 workers at its Tyneside site, is said to be planning to axe up to 110 jobs in response to the ongoing challenging conditions being experienced […]

  • 23 November 2017

    Redundant PSVs could be turned into trailing suction hopper dredgers (TSHD) used for the maintenance of navigable waterways.

  • 23 September 2015

    Trinity Exploration & Production (Trinity), an independent E&P company focused on Trinidad and Tobago, has identified a number of cost reduction measures which include management changes and a redundancy programme across functions citing company’s current funding position and the low oil price environment.  As part of this process, Craig McCallum, Chief Operating Officer, is to leave the […]

  • 2 June 2009

    The threat of strike action is hanging over one of Dublin’s largest container terminals because of a dispute between workers and bosses over pay and redundancy. Marine Terminals, which accounts for around 25% of traffic handled at the port, has made 19 redundancies from its workforce of 81 and is renegotiating workers’ pay because of […]

  • 3 September 2015
    Business & Finance, Equipment, Operations & Maintenance

    UK oilfield services player, Expro, is forced to make further job cuts as a response to the progressing challenges on the market. In addition to workforce reduction announced earlier in March, Expro plans to make approximately 60 further redundancies across its Europe and Commonwealth of Independent States (CIS) operations. According to the company, the majority of these are expected […]

  • 1 September 2015
    Business & Finance

    Aker Solutions today notified employees that it has become necessary to reduce the workforce capacity in its Norwegian subsea business because of a continued market slowdown. About 500 permanent positions at facilities in Fornebu, Stokke, Moss and Tranby in Norway may be affected. Adjustments will be made through normal employee turnover, reassignments to other parts […]

  • 17 November 2015
    Business & Finance, Operations & Maintenance, Project & Tenders

    Lower activity levels and tough market conditions could force Norwegian contractor Reach Subsea to lay up two of its vessels. Namely, in its third-quarter earnings release, the Oslo-listed company said that, for the winter season, Edda Fonn and/or Stril Explorer, ROV/Survey vessels, could be pulled out from operation, which would also result in workforce adjustment.   The outlook is challenging, […]

  • 27 December 2006

    A federal plan to screen port workers could have unintended consequences for some local shipyards – driving up the cost to build and repair Navy ships while doing nothing to improve security, industry officials say. The new worker credential system, expected to take effect next year, is aimed at beefing up security at ports to […]

  • 13 July 2017
    Business & Finance

    The Maritime Union of Australia (MUA) is working with Canadian Steamship Lines (CSL) to transfer the crew of the 1981-built bulk carrier CSL Thevenard to one of two CSL ships. MUA, led by National Secretary Paddy Crumlin, has met with CSL on two occasions in Australia and will proceed to another meeting with Louis Martel, the […]

  • 5 January 2015
    Business & Finance, Operations & Maintenance, Research & Development

    The International Marine Contractors Association (IMCA) has just published ‘Example Redundancy Concept and Annual DP Trials for a DP Class 3 Construction Vessel’ (IMCA M 225). It’s a companion volume to ‘Guidance for developing and conducting annual DP trials programmes for DP vessels’ (IMCA M 190 – published in 2011), which described the method for […]

  • 29 July 2015
    Exploration & Production

    Ensco, a drilling contractor with headquarters in London, will reportedly be laying off staff.  According to BBC, the company is set to make over 100 employees redundant due to two rigs that had been stacked as a result of the current market downturn. Both rigs in question are jack-up drilling rigs, Ensco 70 and Ensco […]

  • 2 March 2007

    One of the few remaining shipyards on the River Clyde is expected to make two-thirds of its workforce redundant on Monday, according to a trade union. The GMB union said the Ferguson shipyard in Port Glasgow would make 75 posts redundant.

  • 14 May 2018
    Business & Finance, Equipment, Technology

    Ingeteam, a company specializing in energy conversion, has developed an advanced automation system, specifically for the trailing suction hopper dredgers (TSHDs), using the latest techniques in the development of control systems. “It is a level 2 technological control (process & production), able to be coupled and complemented with any basic automation system of the dredging process (levels 1 & 0). […]

  • 18 June 2009

    The remaining 11 dockers at the port of Great Yarmouth are to be made redundant, the Unite union has said. Eastport UK said the matter was confidential and its Great Yarmouth port manager Eddie Freeman said the jobs situation was “delicate”. At the end of April, Eastport UK made five dock workers redundant.

  • 22 May 2015

    Solstad Offshore (SOFF), a Norwegian offshore service and shipping company, will make 50 offshore workers redundant due to sales and lay-ups of their vessels.  The company has sold and delivered the AHTS Normand Jarl, built in 1985. In addition, a Memorandum of Agreement (MOA) has been signed for sale of the AHTS Normand Skarven, built in 1986, […]

  • 11 March 2016
    Business & Finance

    Maritime professionals’ trade union Nautilus International voiced its “shock and anger” to a decision by North Sea shipping company Farstad to sack 45 UK officers and ratings and replace them with cheap workers from Asia. “The North Sea sector has suffered around 65,000 jobs losses since the oil price crashed last year and the announcement […]

  • 1 November 2013
    Business & Finance

    With the continued development of acoustically aided inertial navigation, Sonardyne International Ltd. announces that one of the world’s largest offshore drilling contractors has selected Marksman DP-INS for one of its semi-submersible drilling units. Installed alongside an incumbent Sonardyne dual LUSBL Dimona system, the addition of acoustically-aided inertial navigation provides two completely independent positioning systems in […]

  • 9 December 2010

    As announced on October 18, 2010 Wärtsilä has decided to implement a global design for all its support functions in order to support the business in the most efficient way. To adjust to the new global way of working and lower volumes a consultation process with employee representatives was initiated with the aim to reduce […]