Norway’s Rem Offshore posted a third-quarter loss as it took an impairment on the value of its fleet.
The net loss for the peridod was NOK 284.8m ($33.8m), against a NOK 19m loss in the same period a year earlier.
Revenue was also weaker at NOK 184.4m against NOK 305.4m.
While it posted an operating profit for the quarter, it took a NOK 195.4m