ShippingWatch

Yet another Norwegian offshore carrier in acute trouble

As the most recent in an long line, Norwegian offshore carrier Boa now reports that a significantly worsened market has caused severe problems with liquidity. The announcements arrives along with the declaration of a third quarter deficit.

After carriers such as Havila and Farstad have struggled for some time to settle new agreements, the likewise Norwegian offshore carrier Boa has now joined the choir of companies to announce restructuring.

This is evident in a corporate statement issued in relation to the presentation of the third quarter interim report, which shows a deficit of NOK 86.3 million (USD 10.15 million).

Read this article for free

Register with your E-mail.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

Related articles

Latest news

Jobs

See all

See all