Romanianshipyard Santierul Naval Orsova (SNO) has slipped to a loss in the first ninemonths of 2013.

Thenet deficit was RON 3.3m ($991,700) to 30 September, compared to a profit ofRON 798,881 a year before.

Operating revenues decreased to RON 28.2m, from RON 32.45m.

Theshipyard has invested EUR 1.77m this year in upgrades and new equipment.