The company said a maximum of 24 Dutch employees will be affected by the change as it focuses its shore operations in Finland.
The vessels involved are the 20,300-gt Dutch-flagged vessels Norsky and Norstream (both built 1999).
Bore said that since 2010 it has made a cumulative operating loss of about EUR 65m ($73.63m) and has been restructuring since last year.
It has decided to permanently exit the unprofitable contract of affreightment (CoA) business due to its relatively small CoA fleet and "unsustainably poor result."
The
