Norwegian OSV group Dof says challenges remain for the offshore sector, but there are signs of recovery.

The company announced a third quarter net loss of NOK 269m ($31.61m), against NOK 26m in the same period of 2017, when it benefited from a financial gain of NOK 359m.

Revenue was down a little at NOK 1.73bn from NOK 1.8bn.

The market has improved for the North Sea platform supply vessel (PSV) fleet, it said.