Siem Offshore improved its bottom line, though it remains red. Revenue also saw a slight improvement, according to the company's fourth quarter interim report.
BY CHRISTIAN CARLSEN
Norwegian offshore company Siem Offshore, listed on the Oslo Stock Exchange, performed better in the last months of 2013 compared to the same quarter 2012. Revenue is increasing and the bottom line shows a smaller deficit than last year.
The outlook for the container market looks somewhat more gloomy in the coming time, estimates French CMA CGM. However, the container shipping company still recorded growth on top and bottom lines in third quarter.