Norwegian OSV group Boa Offshore is looking forward to better times from 2019 as it posted a bigger loss in the first quarter.
The net deficit to 31 March was NOK 99.28m ($12.37m), compared to a loss of NOK 3.5m in the same period of 2017.
Revenue dropped to NOK 117m from NOK 196m, while operating expenses jumped to NOK 160.5m
