Deep Sea Supply challenged on orders going forward

Norwegian offshore carrier Deep Sea Supply suffered a deficit in 2014, and the challenge now is to secure higher contract coverage in a difficult market, says the carrier's management.

Norske Siem Offshore (foto) er en anden norsk aktør i offshoremarkedet. | Photo: Siem Offshore

Offshore carrier Deep Sea Supply was hit by the downturn of the oil markets in 2014.

The company, which is listed on the Oslo stock Exchange and based in Cyprus, achieved a consolidated revenue of USD 163.1 million. The operating profit was positive and grew 51 percent, to USD 83.6 million in 2014 from 2013. The carrier suffered a deficit before taxes of USD 11.9 million.

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