Solstad lost more more than USD 100 million in the third quarter

With a new triple-digit million-dollar deficit in the third quarter, Solstad Offshore has so far lost USD 206 million this year. The third quarter also brought large impairments on ships.

Photo: PR/Solstad Offshore

Norway's biggest offshore ship operator continues to lose money, and the third quarter was no exception.

Here, the deficit before taxes came to NOK 998 million (USD 108.8 million), shows Solstad Offshore's interim report for the third quarter.

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