20/11/2015at 13:26

Deep Sea Supply: Offshore market getting worse

Norwegian offshore carrier Deep Sea Supply took a hit in the third quarter due to more idle vessels and continued unsustainable rates in the offshore market. The company does not expect any improvement in the short and medium term.

BY DANIEL LOGAN BERG-MUNCH

Deep Sea Supply, which primarily operates offshore vessels in the North Sea and Brazil, experienced continued decline across its businesses in the third quarter of 2015.

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