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    Havila puts two anchor handlers into lay-up - cites over supply

    Vessel & ROV News // September 28, 2015

    Havila Shipping says it has decided to lay up the anchor handling tug/supply (AHTS) vessels Havila Mars and Havila Neptune and will give notice to some employees as a result.

    "The decision is made as a consequence of the market conditions," said Havila. "The company does not expect that the market will improve in short or medium-term. The main challenge is the supply side, and this measure will have a positive effect on this. The lay up will take place as soon as cost savings can be achieved. The measure will have full effect in the company's financial statements from the first quarter of 2016."

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