The Oslo-listed offshore contractorturned in a pre-tax gain of NOK 41.9m ($7.0m) in the three months to 31 March, againsta loss of NOK 19.6m in the comparable stretch of 2013.
Total operating income rose to NOK378.5m from NOK 330.4m year-on-year while freight income amounted to NOK371.6m, which was NOK 54.4m higher than the figure recorded 12 months ago.
In a note to investors Havila said itscore markets were “better than expected” at times during the first quarter of2014 but admitted there were also periods of high vessel availability in keyregions in which it operates.
In
