More Shipbuilding Jobs Lost
Already planning to lay off 900 workers from shipbuilding yards in Louisiana and Mississippi, Northrop Grumman Corp. reports that an additional 1,000 jobs in Louisiana and Mississippi will be lost to attrition, according to a report on GadsdenTimes.com. Since a hiring freeze was started last summer, 400 vacant positions have gone unfilled following resignations and retirements. The company said it expects to eliminate another 600 jobs through attrition within 12 months. On Monday, the company reported that it will lay off about 900 workers, mostly welders, over the next four months. Those layoffs are on top of 120 drafters and designers laid off from Northrop shipyards in January.
More Layoffs Loom for Marinette
Marinette Marine's chief executive officer says it will lay off more workers next month, reports said. The shipbuilding division of Manitowoc Co. laid off about 90 union workers last month because of delays in contract awards from the Coast Guard and the U.S. Navy. Reports said that more layoffs were expected after the company lost a $1.5b bid to build 34 U.S. Coast Guard patrol boats over about seven years. Source: AP
Marinette Marine Recall of Employees
MARINETTE, Wis. − April 22, 2011 – Marinette Marine Corporation is currently in the process of recalling all of their laid off employees. Work is ramping up on The Alaska Region Research Vessel, the NOAA Fisheries Survey Vessel, along with continued work on the LCS Fort Worth. Work is also starting on LCS-5 the USS Milwaukee. The recall of the remaining laid-off employees marks an important milestone for the Company. By this summer, Marinette Marine will begin to hire additional employees as the pace of work in the yard increases. Source: Marinette Marine
Harland & Wolff Lays Off 280
Harland and Wolff said it would lay off 280 workers this week. The shipyard recently secured its future by winning orders for four ferries worth $456 million and two cruise liners worth $350 million, but they will only take effect towards the end of the year. "There is the order for the four Ropax ferries and there is also a letter of understanding for two luxury cruise liners. However there is a time lag until the full benefit of these orders feeds through, unfortunately making these redundancies necessary," a spokesman said.
Harland & Wolff Lays Off 280 Workers
Harland and Wolff said it would lay off 280 workers last week. The shipyard recently secured its future by winning orders for four ferries worth $456 million and two cruise liners worth $350 million, but they will only take effect towards the end of the year. "There is the order for the four Ropax ferries, and there is also a letter of understanding for two luxury cruise liners. However there is a time lag until the full benefit of these orders feeds through, unfortunately making these redundancies necessary," a spokesman said. "We would hope that in the longer term we would be able to increase the core size workforce once again but obviously these things are driven by commercial conditions," he added.
Foss Tugboats Leave Columbia River
Foss Maritime Co. will lay off its 60 workers and leave the Columbia River, OregonLive.com reported. OregonLive said the Seattle company will sell its Columbia River business to Tidewater Barge Lines, which moves grain and other cargo along the Columbia-Snake river system, pitting Tidewater against Shaver Transportation Co. in another line of business, transporting river pilots and maneuvering large cargo vessels in and out of ports. OregonLive.com
Hanjin Union Ends 190-Day Strike
According to a report from The Chosun Ilbo, the labor union of Hanjin Heavy Industries and Construction's shipbuilding unit agreed on June 27 to end a strike that has lasted for over six months. The company will not rehire laid-off workers, but will compensate them if they voluntarily retire. Both sides also agreed to drop the legal cases against each other. Source: The Chosun Ilbo
More Layoffs Possible at Bay Shipbuilding
According to an August 25 report from www.wbay.com, Bay Shipbuilding notified the Wisconsin Workforce Development Tuesday it may cut a total of 405 positions. The company laid off 133 employees in the last three months, and those could become more permanent than expected with the company announcing plans for 272 more jobs cut between October 30th and December 5th. (Source: www.wbay.com)
Aker Maritime To Eliminate 350 Jobs, 250 More By Year-End
Norwegian offshore supply firm Aker Maritime officials have announced the elimination of 350 jobs out of 1,070 at its Aker Verdal yard and said that the company would probably lay off 250 more workers from the yard by the end of 1999. "The decision is in line with plans announced earlier, and reflects a lower level of activity and depressed market prospects for the yard," officials said.
GenDyn NASSCO to Lay Off Up to 1,150
According to a May 12 San Diego Union Tribune report, General Dynamics NASSCO in San Diego plans to eliminate one-fourth of its work force to cope with a prolonged slump in the industry, cutting as many as 1,150 positions. The company said it has sent letters to 900 of its 4,100 workers, notifying them that they might be laid off starting in mid-July. About half of the 500 jobs held by subcontractors also might be cut. (Source: San Diego Union Tribune)
Northrop Grumman Closing Tallulah Shipyard
According to an August 3 report from Bloomberg, Northrop Grumman will close its Tallulah shipyard before the end of 2010, ending 95 jobs, and will lay off 110 workers at its Avondale yard slated for closure in early 2013. Northrop Grumman said work will end around Oct. 29 at Tallulah, followed by total closure of the yard around Dec. 3. (Source: Bloomberg)
Maersk Supply Service to Cut Fleet, Crew
The AP Moller-Maersk Group subsidiary Maersk Supply Service,, which is part of the "fifth leg" in the light blue conglomerate, is divesting up to 20 vessels over the coming 18 months and reducing its crew pool by 400 offshore positions. The divestment plan is a response to vessels in lay-up, limited trading opportunities and the global over-supply of offshore supply ships. The first ten vessels are expected to exit the fleet in 2016, reports Denmark's local media 'Business'. Denmark…
Hanjin Shipping to Lay Off U.S. Staff
South Korean liner carrier Hanjin Shipping has announced job cuts in the U.S., but says the move is not connected to its failure and filing for bankruptcy protection, says a report in Bloomberg. Hanjin will lay off about 180 members of its 500 person workforce in the United States, say sources. Fewer employees are needed because the shipper is no longer booking export cargo. Meanwhile, according to New Jersey On-Line, Hanjin Shipping Co. has already laid off 127 workers at its American headquarters on Route 4. The layoffs took place Sept.
Electric Boat Cuts Will Not be Layoffs
The Norwich Bulletin reported that Electric Boat’s reduction in jobs this year can be achieved through attrition and furloughs, rather than laying off employees. More than 1,400 jobs were eliminated at EB this year, far fewer than the initial projections a year ago suggesting as many as 2,400 jobs might be lost this year. Of those jobs that were cut, more than 600 came from a series of layoffs throughout the year and the remaining 800 through attrition. Casey noted, however, an increase in design work has allowed the company to recall all 135 designers and engineers laid off last March. Democratic Congressman-elect Joe Courtney, who defeated Simmons in November, said Tuesday EB management and its work force deserve credit for their efforts to mitigate the loss of jobs.
Hanjin Commences Layoffs
Hanjin Shipping Co. has notified 560 shipping crew that their service with the company ends on Dec. 10, reports the Pulse. The rest of 2,000 on the company payroll are expected to get dismissal notice within next month. The troubled shipping giant has started laying off its employees as part of and ahead of measures to find a buyer for its Asia-US assets. Korea Ship Owners’ Association and Korea Maritime Institute estimate as many as 10,000 in related port, ship maintenance, and insurance industry would lose job when Hanjin Shipping goes under.
National Oilwell Varco to Cut 1,500 Norwegian Jobs
National Oilwell Varco Inc., the largest U.S. oilfield equipment maker, said it will cut its Norwegian workforce by 1,500 by the end of this year as low oil prices have reduced investments. It plans to cut 900 permanent jobs and 600 contractors, the firm said in a statement on Wednesday. "The reason for the lay-offs is the big change in the market situation for our industry over the last year with reduced investments and reduced sale of new equipment," it said. "The uncertain market situation also means that we can't say how comprehensive the process of laying off people will be in the longer term". Norway's Statoil said on Tuesday it will cut up to 7 percent of its workforce and a third of its consultants by the end of 2016…
Navy Dismisses Sub Purchase Pressure
Navy officials held firm to a decision to buy only one submarine annually for the next several years, despite a strong reaction from lawmakers concerned that the limited procurement would exacerbate problems in the struggling shipbuilding industry. During their annual budget presentation to the House Armed Services Committee, Navy leaders argued increasing submarine purchases in the short term would throw the service's carefully balanced shipbuilding plan off kilter, forcing substantial cuts elsewhere. At more than $2 billion each, submarines are one of the priciest items on the Navy procurement menu. Current plans call for the service to increase buys to two subs a year in 2012 -- but not before then.
Florida Shipping Company to Lay Off Crew
According to shipping company Atlantic Caribbean Line (ACL) a bad economy has hit their Port of Fort Pierce cargo business hard. In July, the Port of Fort Pierce's only tenant, ACL, announced it laid off 34 of its 45 crew members. Now, with the Christopher Dean ship docked again, the company says it can't afford its remaining workers until more business comes, reports WPTV NewsChannel 5. Atlantic Caribbean Line trades from the east coast of Florida to the Bahama Islands and the Caribbean region…
Shipyard Thrown a Lifeline
A shipyard in crisis has been thrown a lifeline after securing a major ferry contract, according to a report on the Scotsman.com. The Ferguson yard in Port Glasgow in Inverclyde was forced to lay off 100 workers earlier this year when it lost out to a Polish yard for a crucial ferry order for operators Caledonian MacBrayne (CalMac). CalMac, which is publicly owned, operates the majority of sea crossings to the islands including Gourock-Dunoon, Now rival firm Western Ferries, which also operates from Dunoon to Gourock, has placed a £500,000 order for a roll on/roll off terminal with Ferguson. The new contract will see facilities at McInroy's Point in Gourock upgraded by March 2006 and is the third to be awarded by Western to the yard in as many years. (Source: Scotsman.com)
Shipping Company Lays-off Seafarers, Re-flags Ships
Rederi AB TransAtlantic announces cost-cutting plan to turn around last quarter's financial loss As part of this and in agreement with the Maritime Officers' Association, TransAtlantic is to lay off 25 Swedish seafarers and also reflags four ships to Gibraltar and the Netherlands. Vessels affected are TransFighter and TransFalcon to Gibraltar and TransPine and TransWood to the Netherlands. The reflagging is planned to take place during Autumn 2012. Rederi AB TransAtlantic is a leading Swedish shipping company with headquarters in Gothenburg, Sweden and additional offices in Europe. The company is organized into two business areas: Industrial Shipping and Viking Supply Ships. The company has about 900 employees and the turnover in 2011 was MSEK 2,989.
Statoil Cancels Rig Contract, COSL Cuts Jobs
COSL Drilling Europe is reportedly being forced to make 229 rig staff redundant as a result of Statoil’s decision to cancel the charter for semi-submersible unit COSL Pioneer. Statoil announced the termination of contract since 8 October 2014, which is 13 months before the expiry date. Statoil explained that contract was canceled, as company has not managed to find alternative activity for the semi-submersible drilling rig. The rig was one of three contracted from COSL Drilling Europe, a subsidiary of China Oilfield Services Limited (COSL).
Excelerate Energy Reduces Size of its LNG Trading Desk
U.S. gas shipping company Excelerate Energy has laid off six staff on its global liquefied natural gas (LNG) trading desk as part of a reorganisation, a spokeswoman at the company said on Friday. Texas-based Excelerate said the commercial trading and chartering team was being downsized, but the company would continue to be active in those areas. Founded by Oklahoma billionaire George Kaiser, Excelerate currently owns the world's largest fleet of floating LNG import terminals, with a total of nine floating storage and regasification units (FSRUs).
Jurong Lays Off Nearly 250 Workers
Jurong Shipyard, part of SembCorp Industries Ltd., cut 249 jobs last week as part of the group's shipyard restructuring efforts. "Where practicable, attempts were made to re-deploy or reassign affected employees within the yards. Those who would not be re-deployed or whose jobs became redundant were retrenched," company officials said. Jurong Shipyard, with a workforce of 3,021 prior to the cutbacks, said discussions were held with respective shipyard unions, and an agreement was reached on the benefits payable to affected employees. The cutbacks are part of SembCorp's shipyard restructuring plans announced in November. The restructuring is expected to result in annual savings of $17.8 million starting in 2001.