The company reported an operating profit of NOK 21.6m, but suffered an unrealized currency loss of NOK 80.7m.

Revenues from its modern six-strong PSV fleet was NOK 81.2m, while total operating expenses came in at NOK 50.9m.

Four of the PSVs began four-year charters to Petrobras in June at an average of $27,675 per day each with options for four more years.

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