The Houston-based shipowner said it lost of 21 cents per share, but the results still topped Wall Street expectations.
The US-listed company said revenue for the quarter was $89.1m, which was just shy of Wall Street forecasts of $90.3m.
“As anticipated, we saw the cyclical downturn affect day rates and utilization across all of our regions during the first quarter,” said GulfMark chief executive Quintin Kneen.
“Fortunately,