Wartsila to axe 550 staff at marine and energy solutions divisions

Wartsila has cut a further 550 jobs at its marine and energy solutions businesses to reflect the weak market...

BW Offshore to layoff 35% onshore staff in ‘deteriorating’ offshore industry

BW Offshore has announced that it will make redundant some 35% of its permanent onshore employees across global locations as part of an extensive cost reduction programme. ...

Polarcus cuts staff including senior executives

Polarcus is cutting senior executives as part of a reduction in staff numbers as it looks to move to a business model to survive a pro-longed offshore downturn. ...

800 staff face the axe at troubled STX yard

Financially troubled STX Offshore & Shipbuilding (STX O&S) will slash 800 staff, roughly 30% of its approximate 2...

Zengzhou Shipbuilding to hire more staff as newbuilding orders return

China’s Zhejiang Zengzhou Shipbuilding is seeing a healthy build up of shipbuilding orders this year and is...