Rates in the North Sea spot market were stronger during theperiod than in previous years, the Oslo-listed company said.
Term deals in the platform supply vessel (PSV) segment alsoimproved during the second half of the year.
Half of Rem’s 10 PSVs operate in the spot market with theother half tied up on longer term contracts.
The company expects both rates and utilisation for allits vessels to continue to firm this year, it added in an earnings statement.
Rem,
