Topic: Lay ups

Oil & Gas Allseas to lay up vessels and dismiss several hundred crew

Offshore contractor Allseas will reduce its workforce by 300 in the course of 2020, which will mostly impact its vessels’ crews. The company says it…

Oil price Large number of offshore ships laid up worldwide

Across the globe, large parts of the offshore fleet are laid up. In a number of areas, as much as half of the active fleet…