ESVAGT To Tackle COVID Crisis With Pay Reduction And Postponed Investments

ESVAGT readjusts costs

ESVAGT will meet the consequences of the decreasing energy prices and Covid-19 through streamlining and pay reduction, and at the same time ensure that the shipping company can continue to support the vital infrastructural energy production.

A combination of an oil & gas market in a historical economic downturn and a new situation in consequence of the Covid-19 pandemic leads to ESVAGT launching various initiatives which are to secure the shipping company’s continued success.

‘Our oil & gas...

https://www.marineinsight.com/shipping-news/esvagt-to-tackle-covid-crisis-with-pay-reduction-and-postponed-investments/

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