SAL Heavy Lift has confirmed that it is closing its business unit SAL Offshore BV, but says it remains committed to the offshore market.
In a statement, the company said the offshore market “has been undergoing challenging times,” with significant reductions in projects worldwide.
“Such conditions have made it difficult for SAL Offshore to obtain a sustainable and profitable foothold in the market,” the company said. “SAL Heavy Lift GmbH as owner and shareholder of SAL Offshore BV has therefore decided to change strategy and its approach to the offshore market, resulting in the closure of the office Delft, the Netherlands.”
The company went on to say that the closure of the SAL Offshore BV office “does not spell the end for SAL in the offshore markets.”
The company will continue to offer offshore installation services with its DP2 vessel Lone and its other vessel.
In future, all offshore activity will be handled by the company’s marine projects team at its office in Hamburg.
In July Harren & Partner and K Line in Tokyo, Japan confirmed that they had agreed the sale of SAL Heavy Lift to the German company.
Harren & Partner said it expected the deal to make SAL “the new dominant player” in the super heavy-lift segment, which it defined as vessels with 900 to 2,000-tonnes crane capacity. Harren & Partner now owns two heavy-lift companies having long owned Combi Lift.