The company said the net deficit to 31March was NOK 34.18m ($5.96m), compared to NOK 13.1m in the same three monthsof 2012.
Revenue dropped to NOK 486.91m from NOK514.21m.
Wilson operates 107 ships of up to 10,000 dwt.
It said the market was at historic lowlevels in the period.
But it added that normal seasonal variations could improvedemand and rates in the summer
“Thus an improved operating result is expected in the secondquarter compared to the first quarter 2013,” it said.
And
