Redundancies are likely at Ugland Marine Management (UMM) as the JJ Ugland group switches a platform supply vessel (PSV) to the UK sector of the North Sea.
The owner said its 4,500-dwt Evita (built 2012), which operates spot off Norway, will ditch the Norwegian flag and move to another register.
"The PSV market has been and is still demanding in recent years, and especially for PSV Evita," JJ Ugland said.
