the Ulstein-company Island Offshore adds seven new ships in the circulation, opt-Sunnmørsposten.
Moreover, the 330 employees laid off “as a result of the situation”.
the Ships we are talking about is brønnintervensjonsskipene Island Wellserver and Island Frontier, which does not go out in the spot market prior to the new contracts 1. april next year.
Plattformstøtteskipene Island Crusader and Island Clipper is added in circulation to the spring, the ROV vessel Island Spirit will remain in circulation until over the new year period and ankerhåndteringsskipene Island Vanguard Island Valiant shall be in the buoys in the two-three months each.
charter Rates in the spot market is so low that it no longer is money to earn, says managing director Håvard Ulstein in a press release.
Many ship owners choose to have vessels going in the spot market at rates and exploitation that is self-negating. This can not Island Offshore be with, ” says Ulstein in a comment to the newspaper.
a Total of 12 of the company’s 28 ships without work, of which five ships are in the so-called cold circulation. 16 vessels are on contract.
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