Norwegian offshore support specialist Havila Shipping ASA has reported much improved Q4 and whole-year results. It Q4 result before tax was NKr30.9m (US$5.3m) compared with a loss of NKr86.3m in Q4 2008. Full-year 2009 profit before tax was Nkr605.3m compared to NKr259.4m in 2008, of which NKr311.8m was profit from sale of assets.

The group had 22 vessels in operation at the end of last year. These include three managed vessels that are owned by companies outside the group. Four of the vessels are operated by a joint venture company in Singapore, Posh Havila. Commenting on the market the company says: “The spot market for offshore service vessels was weak also during fourth quarter. Day rates have been low, and excess capacity has led to low utilisation for both PSVs and AHTS. Of owned vessels, the group had two PSVs and two AHTS vessel in the spot marked during the quarter. The utilisation has been acceptable for parts of the quarter. The objective of the group is now to achieve longer contracts for several of the vessels that are operating in the spot market.”

資料來源:http://www.mgn.com/