Siem Offshore expects increasing demand through the rest of 2021
Norwegian offshore carrier Siem Offshore sees progress in the revenue and bottom line in the first quarter. The company expects increasing demand in the coming quarters, although it is too early to predict a solid upturn.
by DANIEL LOGAN
Siem Offshore exits the first months of the year with higher revenue and reduced deficits as well as a restructuring agreement that leaves the carrier well-positioned to handle increasing demand through the rest of 2021.
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