Rough oil market dealt Farstad a deficit in 2014

The Norwegian offshore supply carrier suffered a deficit in 2014, as the carrier, in spite of new contracts, felt the consequences of the decline in the oil market.
Photo: Farstad Shipping
Photo: Farstad Shipping
BY LOUISE VOGDRUP-SCHMIDT

Farstad, a competitor to companies such as Maersk Supply Service and Viking Supply Ships, grew its revenue but suffered a deficit on the bottom line in 2014.

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