Stig Remoy-led OSV operator Olympic Subsea is expecting better things from the subsea market despite a bigger third quarter loss.
The net deficit was NOK 40.1m ($4.66m) to 30 September, from NOK 36.37m in 2017.
Revenue was down to NOK 171.3m from NOK 200m the year before.
The subsea/renewable segment contributed revenue of NOK 154m and EBITDA of NOK 60m.
