United Arab Emirates-based shipyard Lamprell is hoping to increase revenues this year after it ran up another full-year deficit in 2018 on the back of slumping sales and a continued loss on a troublesome UK offshore renewable energy project.

The Sharjah-headquartered company has set revenue guidance for this year at between $250 million and $400 million.

Even at the bottom end, this would be slightly up on the $234.07