Viking Supply Ships sees increased uncertainty after oil collapse

The oil companies' lower willingness to invest, along with reduced demand, creates renewed uncertainty for the supply ship operators, says Swedish Viking Supply Ships, whose deficit grew in the first quarter.

Photo: PR/Viking Supply Ships

It creates renewed uncertainty for the world's supply ship operators that the oil price has suddenly plunged, and that the desire to invest is currently very limited in the oil sector, says Viking Supply Ships in a financial update for the quarter.

The company reports a bigger bottom line deficit compared to the first quarter last year.

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