Deep Sea Supply continues to idle vessels

The fight to secure work in the North Sea is intensifying, and offshore carrier Deep Sea Supply currently has one vessel in the northern spot market, while Brazil is also not giving cause for optmism. Ship sales and impairments send the carrier into the red in the first quarter.

There is not much help to get in the market for offshore carrier Deep Sea Supply which is currently looking in vain for improvements in the offshore sector these days. In the first three months of the year, the carrier booked a deficit of around USD 25.5 million after taxes, according to the interim report, published Tuesday. In the same period last year, the numbers on the bottom line were small but still positive, at USD 3.9 million.

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