Norway's Havila Shipping has seen its loss grow as costs rose in the second quarter.

The fleet of 23 ships produced a net deficit of NOK 133.1m ($15.93m), versus NOK 105.2m in 2017.

Revenue grew to NOK 146.6m from NOK 139.7m, but depreciation was higher at NOK 91.7m, against NOK 83.2m the year before.

Finance costs increased to NOK 83.6m,