ShippingWatch

600 jobs cut among Norwegian offshore carriers

The crisis in the offshore industry is now showing its ugly side to the Norwegian offshore carriers, where 600 jobs have disappeared in just a few months. The crisis is worse than it seems, says one carrier according to Sysla.

Photo: Siem Offshore

More than 600 jobs have disappeared among the Norwegian offshore carriers since the crisis picked up speed for real. Norwegian media Sysla has reviewed the carriers offering supply services to the oil companies, which have in recent months been hit by the oil companies' cost reductions. Foreign-based jobs at the Norwegian carriers are also included in the survey, which shows, for instance, that Siem Offshore has laid off 152 employees in Brazil.

The cuts are a result of the carriers being unable to keep their ships in the water, and numerous carriers have in recent months announced that they are idling vessels. This does not apply exclusively to Norwegian carriers. Maersk Supply Service also recently idled two Anchor Handling Tug Supply (AHTS) vessels, and the company has pulled a total of four ships out of the North Sea due to extremely low daily rates.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs