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Havila Shipping lost USD 173 million in 2015

Offshore carrier Havila finished 2015 with a deficit of USD 172.9 million, of which a majority stems from fleet impairments. Negotiations with lenders remain unresolved.

Photo: Havila

Norwegian offshore carrier Havila Shipping has published its annual report 2015 while the carrier is simultaneously struggling to convince its lenders to accept a new agreement.

As is the case for numerous carriers in the sector, major impairments take a big toll on the figures, which in Havila's case come to a bottom line deficit of USD 172.9 million. A big decline from USD 4.5 million in 2014.

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