Its bottom line for the period was NOK 44m ($7.1m) compared to a loss of NOK 6m in the corresponding quarter.

Revenue rose by 23% to NOK 214m.

Irene Waage Basili, GC Rieber’s chief executive, said: “The second quarter passed as expected, we have had good operations in all segments, and are satisfied with a solid financial result.

“With all vessels in operation and a continued focus on our core operations, we expect the positive trend to continue in the time to come.”

The