Damen Shipyards said three shipyards in the Netherlands face reorganisation, which will include staff reductions of approximately 150 employees.
The shipyards affected include Rotterdam, Van Brink, and Vlissingen.
Damen said the redundancies stem from fewer repairs, particularly related to vessels serving the oil and gas industry. It said market expectations for the short and medium term are not positive and there is insufficient recovery of commodity prices, particularly oil and gas, to suggest increased repair activity.
"The resulting reduction in ship repair projects forces Damen to review its situation. Unfortunately, one of the consequences of this, is downsizing the number of permanent staff in all layers of the organisation, as well as reducing facility costs," the company said in a press release.
It informed employees at all three locations, as well as the workers’ council and trade unions, about the reorganisation. It said the layoffs will be done before summer 2017.
