Siem Offshore books small profit in third quarter
Siem Offshore turned a deficit into a profit in the third quarter despite a lower top line and operating result compared to the same period last year. The offshore market is still struggling with an oversupply of ships.
by SØREN PICO
Offshore carrier Siem Offshore books a small profit on the bottom line in the third quarter although the revenue and operating result declined compared to the loss-making third quarter of 2020.
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