Kjell Inge Rokke's offshore company Akastor has reduced its loss in the second quarter as revenue rose.

It said the net deficit was NOK 251m ($30.84m), compared to a loss of NOK 321m in 2017.

Revenue grew to NOK 873m from NOK 697m.

Its shipping unit, AKOFS Offshore, reported revenue of NOK 289m in the second quarter, versus NOK 187m in 2017.