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The Danish offshore took a hard hit

The Danish offshore took a hard hit

29-01-2017 10:00:00

The Danish offshore shipping companies have taken a hard hit by the downturn in the industry, and had to say goodbye to 275 employees last year. Berlingske Business states this. A key player in the market expects that there will be more bankruptcies this year.

"We will see more bankruptcies, and those fortunate enough not to reach that point are going to have to fight through," says Ove C. Eriksen who owns the offshore company DBB to Berlingske Business. DBB has even been forced to say goodbye to more than half of the company's previous 35 employees.

According to figures from the Danish Shipowners' Association 19 Danish offshore ships were either sold or scrapped last year. A further 25 ships are currently unused, representing every ten Danish offshore ship.

"We are witnessing an elimination race where only companies with a sleek competitiveness can go the distance," says Anne H. Steffensen, Managing Director of the Danish Shipowners' Association.

Maersk Supply Service is the Danish offshore shipping company that has cut most of its fleet and said goodbye to most employees.

Source: Berlingske Business / Maritime Denmark

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