Havila Shipping has lowered its third-quarter loss after cutting costs.
The Oslo-listed owner of offshore vessels reported net loss of NOK 57.7m ($7.06m) for the quarter, compared to a loss of NOK 65.3m during the same period last year.
Revenue slid to NOK 176.7m from NOK 253.4m a year earlier, but operating costs were cut to NOK 137.7 from NOK 140.9m.
