Mixed fortunes for owner trio

Oslo-listed offshore vessel owners Eidesvik Offshore and Farstad Shipping reversed the tide of red ink in the first quarter despite market doldrums, though fellow Norwegian player GC Rieber Shipping saw its loss widen after losing seismic work.

Unemployed: GC Rieber's seismic vessel Polar Duchess after Dolphin bankruptcy
Unemployed: GC Rieber's seismic vessel Polar Duchess after Dolphin bankruptcy
Published 12 May 2016, 14:19Updated 25 October 2016, 15:34
Europe