ShippingWatch

Viking Supply Ships reduced its deficit significantly

The Swedish offshore ship operator has cut millions of SEK from its deficit in the second quarter compared to the same period last year. According to the CEO, increasing activity in the North Sea drive the improvements, though the market remains challenged.

Photo: PR-foto

The bottom line is still flashing red at Swedish offshore service ship operator Viking Supply Ships, but the deficit in the second quarter was significantly smaller than in the same period last year, shows the company's interim report for the second quarter.

Viking Supply's deficit for the second quarter came to SEK 19 million (USD 1.9 million), which was a significant improvement from last year's deficit of SEK 268 million.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs