Norwegian wellboat company GripShip has posted a much higher profit for the fourth quarter.
Pre-tax earnings were NOK 11.28m ($1.44m) to 31 December, up from NOK 0.44m in the third quarter, it said.
Revenue dipped to NOK 20.85m against NOK 22.73m.
But it booked a currency gain of NOK 5.67m, versus a loss of NOK 2.52m in the previous three months.
