Subsea 7 struggles with impairments and orderbooks
Revenue is sliding but the losses are limited, just as the impairments have also been cut in half compared to 2014, according to the annual report from Subsea 7. The carrier has not avoided major impairments and cutbacks totaling USD 521 million.
BY CHRISTIAN BARTELS
Log in to read our articles
Welcome to ShippingWatch. A part of our content is exclusive and reserved for our users.