New York-listed tanker owner International Seaways has handed termination notices to a significant number of holdover staff from the acquired Diamond S Shipping now that the latter's tonnage is operating in third-party pools.
Seaways chief executive Lois Zabrocky confirmed an unspecified number of job cuts in response to a query from TradeWinds, but said in an email message than more than half the Diamond holdovers would have the option to stay on.
