Royal Boskalis Westminster is bracing itself for a tough 2016, a year which will see the company retire vessels and possibly make redundancies.
The Dutch dredger and offshore vessel owner said a cost reduction programme will be implemented during the coming months.
Equipment will be taken out of service with “associated implications for staffing levels,” the company explained.
Speaking in a post-results conference call, chief executive Peter Berdowski said the number of vessels will be reduced while forced job cuts cannot be ruled out.
The
