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Friday, May 10, 2024

Vroon completes offshore vessel sell-off



Written by


Nick Blenkey

Vroon has sold its offshore fleet

Among the finest-known corporations in Netherlands delivery, Vroon, says that it has finalized its restructuring and accomplished the sale of 37 vessels from its offshore fleet. That leaves Vroon with a specialised fleet of 65 deepsea transport vessels plus emergency response and rescue vessels.

Britoil Offshore Companies of Singapore has acquired 30 of the offshore vessels, together with their help places of work in Singapore and Genoa. Norway’s Golden Power Offshore Companies (GEOS) is taking on 5 vessels, and Rederij Groen of the Netherlands is taking two. Vroon introduced earlier this yr its intention to divest a part of its offshore fleet, as a part of a monetary restructuring and strategic reorientation says the gross sales proceeds will likely be used to cut back debt to a normalized degree.

Vroon says it’s going to proceed to construct on its 130-plus years of expertise with a deal with itdeepsea fleet of product and high-heat tankers, livestock carriers and emergency response and rescue vessels. The mixed fleet will likely be supported by 1,400 workers.

In accordance with Vroon, the sale of the offshore vessels and their help places of work “as an entire was largely profitable.” Virtually your complete workforce will likely be transferred to the brand new house owners. Nonetheless, the help workplace in Den Helder, Netherlands, couldn’t be included in any of the transactions and will likely be closed throughout 2024

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

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