Offshore

BW Offshore helped by insurance money during rough year

The operating result for the full-year 2016 declined at BW Offshore. The setback was mainly due to losses and expenses related to the wrecked FPSO vessel Cidade de São Mateus. On the other hand, the insurance money from that accident compensates for some of the decline.
Photo: BW Offshore
Photo: BW Offshore
by NIKLAS KRIGSLUND

Carrier BW Offshore suffered a setback in the operating result for the full-year 2016, according to the annual report.

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