Norway's Fred Olsen Cruise Lines is examining how it can resume operations of its fleet to halt losses during the coronavirus crisis.
Bonheur, the Oslo-listed holding company of the Fred Olsen group, said the cruise division made a net loss of NOK 206m ($19.98m) in the first quarter. This compares to a loss of NOK 89m a year ago.
The company was actually enjoying "good" bookings before Covid-19 struck, causing it to idle all its four ships in Scotland from 13 March, it said.
