Heerema to discontinue its offshore pipe lay activities
Heerema Marine Contractors has announced that as a further step in its strategic transition the company will discontinue its offshore pipe lay activities.
The decision follows a further review and commercial evaluation in early 2018 of HMC’s current position in the highly competitive pipe lay market which continues to suffer from significant overcapacity.
Following this strategic decision regrettably around 350 permanent jobs in Heerema Marine Contractors will be phased out with compulsory redundancies unfortunately being unavoidable. All changes are subject to consultation with relevant stakeholders. As a first step the company will seek advice from the Works Council in The Netherlands.
Following the termination of the pipe lay activities Heerema Marine Contractors will be focusing entirely on its core business of Heavy Lift, Decommissioning and Renewables.
Heerema Marine Contractors’ intended future set up will be structured around the business areas of transport and installation of offshore structures, decommissioning of platforms and the execution of projects in the renewables sector. The company will convert its deep water construction vessel Aegir to a fast sailing heavy lift vessel.
By Jake Frith
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