Netherlands-based Vroon Offshore Services will be laying up 12 offshore vessels “as a direct result of the ongoing slump in offshore oil and gas activities”, the company has announced.
The twelve vessels will include five platform supply vessels and seven emergency response and rescue vessels (ERRVs). A number of older ERRVs will also be divested for recycling purposes, the company said.
The lay-ups are expected to occur “from the fourth quarter onwards”.
“We deeply regret the corresponding reduction in on-board positions and the consequences this has for our colleagues,” Vroon said in a statement announcing the lay-ups.
The company added: “The 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 Services’ commitment to safe and flawless service delivery to clients is unremitting, and the company will continue expanding its market coverage.”
Vroon is the latest in an ever-growing number of offshore vessel owner/operators to announce lay-ups amid the continued weak market driven by the crash in oil prices over the past year.
Vroon Offshore Services operates approximately 90 vessels spanning platform-supply vessels (PSV), anchor-handling tug supply (AHTS) vessels, emergency response and rescue vessels (ERRV) and subsea-support vessels (SSV). Its operations are primarily focussed in the North Sea, Mediterranean and Southeast Asia.