TheNorwegian ferry and cruiseship operator reduced its pre-tax loss to NOK 110m($18.5m) for the first three months of 2014, down from NOK 133m in the same period ayear ago, and said prospects are good for further improvements in its resultsthis year.

Ebitdarose by NOK 24m to NOK 42m as operating revenues increased to NOK 751 m fromNOK 707m. The improvements were due to its MS Fram cruiseship and Spitsbergen travelbusinesses gaining more customers and higher revenues per cruise night.

Thecompany’s