Siem delivers another quarter deficit in squeezed market
Siem Offshore records another loss in a tough market and expects to see further ships laid up in the future. This quarter, the loss amounts to USD 9.5 million.
BY JOHANNES HARTKOPF MIKKELSEN
Siem Offshore AS has emerged from the third quarter with a deficit of USD 9.5 million after tax. This is a smaller deficit than the previous quarter, which showed a loss of USD 45 million. However it's a decline compared with the third quarter of last year, where Siem showed a profit after tax of USD 25.3 million.
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