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Home›Business & Finance›Island Offshore in Vessel Lay-Up
Business & Finance

November 2, 2015 · about 10 years ago

Island Offshore in Vessel Lay-Up

Island Offshore has decided to lay up the ROV and survey vessel Island Spirit for the winter season. Island Spirit performs IMR work, survey work and ROV operations, however, the company said it expects the activity in this segment is to decline in the coming months. “We are working on relocating so

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Island Offshore has decided to lay up the ROV and survey vessel Island Spirit for the winter season.

Island Spirit performs IMR work, survey work and ROV operations, however, the company said it expects the activity in this segment is to decline in the coming months.

“We are working on relocating some of the crew, but unfortunately there will be some temporary lay-offs. Our hope is that the vessel will be fully operative in the beginning of 2016 with the same crew on board,” says Managing Director in Island Offshore Management AS, Håvard Ulstein .

With this Island Offshore has got six vessels laid up: Three platform supply vessels (PSV), two light well intervention vessels (RLWI) and one survey vessel.

The three latter vessels are only laid up only for the winter months.

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