Norwegian OSV giant Solstad Offshore has turned in a bigger loss in the third quarter as it faces a battle to boost liquidity.

The results announcement prompted Clarksons Platou Securities to reiterate its advice to investors to sell the stock.

The net loss to 30 September was NOK 456.15m ($54.89m), compared to NOK 374.96m in 2017.

Revenue was stable at NOK 1.4bn,