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Viking aids Transatlantic
An improved performance from its offshore division Viking Supply Ships has helped lift Rederi AB Transatlantic into the black in the second quarter.
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Found an interesting story?
Viking aids Transatlantic
An improved performance from its offshore division Viking Supply Ships has helped lift Rederi AB Transatlantic into the black in the second quarter.
Christen Sveaas-backed Transatlantic recorded a gain of SEK 34m ($4.9m) in the three months to the end of June, overturning a loss of SEK 62m last time around.
Viking Supply Ships, which is reviewing the sale of its PSV business, saw both revenue and profit grow.
Operating profit at Viking Supply was up from SEK 17m to SEK 44m year on year.
Chief executive Tom Ruud says the focus remains on increasing the level of contract coverage for the offshore fleet.
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