The Norwegian firm ended both the final quarter and full year inthe red but made a huge dent in the losses.

Oslo-listed Bergen recorded a net loss of NOK 76.5m ($12.6m)for the three months to 31 December, compared to a loss of NOK 537.6m in thefinal leg of 2012.

It chopped its operating loss before depreciation andimpairment (ebitda) to NOK 76m from a a deficit of NOK 271m a year earlier.

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