GC Reiber Shipping hit by Dolphin bankruptcy slashes workforce

As GC Reiber Shipping’s Q4 losses widened hit by the bankruptcy of Dolphin Geophysical, the company is slashing 25% of its onshore workforce. ...

UK's Petrofac to cut 8.5% of workforce

Jersey-based UK oil firm Petrofac is warning of job losses, roughly 8.5% of its 1,900 staff, against a “challenging industry backdrop”. ...

Maersk Line Starts Workforce Cuts

Danish container shipping giant Maersk Line, Maersk Group’s container shipping arm, is cutting 110 jobs at its Copenhagen headquarters as part of the previously announced savings plan. ...

Vard sees no new orders in Q1, plans to cut workforce

Offshore vessel builder Vard saw no new orders in the first quarter of the year and is set to cut its workforce as part of a “strict cost-cutting programme”. ...