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Boskalis to cut 650 jobs over the next two years

Boskalis has completed a study of the carrier's fleet in light of the deteriorating market conditions plaguing the sector. The carrier will idle 24 ships in a row, which will cost upwards of 650 jobs over the next two years.

Photo: Boskalis

Dutch carrier Royal Boskalis Westminster has recently completed a comprehensive utilization study of the company's fleet.

The study, announced earlier this year, will help the company rationalize its fleet in light of the lower energy and commodity prices, which have pushed the market to the bottom and is expected to result in tough market conditions in the future.

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