Vard Holdings reported a second quarter loss that was about flat with last year's results. Revenue remains weaker than 2016 levels, but it did report an uptick in its order backlog. 

The Singapore-listed shipbuilder reported a net loss of NOK 69m ($8.6m) compared to a NOK 67m loss a year earlier. 

Revenue was down 4% from a year earlier to NOK 2.1bn.