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Friday, May 10, 2024

Vroon Completes Offshore Fleet Sale


Dutch delivery firm Vroon has accomplished its sale of 40 offshore vessels as a part of a beforehand introduced restructuring.

Going ahead, Vroon will deal with deep-sea transport and emergency response and rescue with a fleet of 65 vessels comprised of livestock carriers, product tankers, high-heat tankers, and emergency response and rescue vessels (ERRV).

Britoil Offshore Providers from Singapore acquired 30 OSVs, together with the supporting workplaces in Singapore and Genua. Norwegian GEOS bought 5 OSVs, and Rederij Groen from the Netherlands took over two OSVs.

Vroon introduced plans to promote a part of its offshore fleet to scale back debt and enhance its monetary place in June as a part of a monetary restructuring and strategic reorganization. The restructuring resulted within the majority possession being transferred to lenders, with the Vroon household retaining solely a small curiosity, and the set up of a brand new administration group.

Vroon’s offshore fleet comprised anchor-handling tug provide vessels (ATHS), platform provide vessels (PSVs), service operation/walk-to-work vessels (SOV), and subsea assist vessels, and upkeep working/lodging vessels.

The sale of vessels and supporting workplaces by Vroon was largely profitable, with nearly the whole workforce being transferred to the brand new homeowners. Nonetheless, the workplace in Den Helder shall be closed in 2024.

Vroon says it plans to construct on its 130-plus years of expertise, specializing in its specialised deepsea fleet of tankers, livestock carriers, and emergency response vessels. The fleet will embody over 65 fashionable and well-maintained vessels, with assist from 1,400 extremely skilled staff.

“With Britoil, GEOS and Rederij Groen, we now have discovered stable new house ports for our offshore-support colleagues and fleet,” mentioned Vroon CEO Martijn Schouten. “Along with the brand new homeowners, we’ll deal with a clean and seamless handover of our vessels, crews and supporting workplaces to make sure continuity for our prospects. These transactions mark the ultimate conclusion of an intensive course of and the start of a brand new chapter for Vroon. I wish to specific my honest thanks for the dedication and contributions of our seafarers and employees. The “new” Vroon will proceed to deal with being a world delivery firm, delivering operational excellence in area of interest markets. ”

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