GC Rieber Shipping has decided to terminate all its permanent contracts, making 66 seafarers redundant.
The company explained to TradeWinds it has decided to shut down its in-house crewing office GC Rieber Crewing.
Atle Sommer, chief operating officer of Rieber, said: "The organizational change is part of the ongoing cost reduction programme, which comes because of the weak market within oil services.
"To
