DOF Group raised its earnings guidance for the year.

The John Fredriksen-backed offshore vessel owner now predicts an Ebitda of $500m to $520m for 2024 compared with a $490m to $520m earlier estimate.

“The order intake has been high so far this year which gives good visibility on earnings in the next 24 months,” chief executive Mons Aase said in the second-quarter report.