Press release
During the first quarter, the activity within the OSV segment continued to be subdued because of the reduced investment levels within the offshore oil and gas industry. Revenue for the first quarter was MSEK 73 (70), EBITDA was MSEK -24 (-37), and the net result was MSEK -42 (-78).
FIRST QUARTER
- Total revenue was MSEK 73 (70)
- EBITDA was MSEK -24 (-37)
- Result after tax was MSEK -42 (-78)
-
Result after tax per share was
SEK -4.5 (8.4)
SUMMARY OF EVENTS IN Q1
- EBITDA for Q1 was MSEK -24 (-37).
-
The average fixture rate in Q1 was
USD 30,400 (31,300) and the average utilization was 42% (31). -
During Q1, the group hired a new CCO. The new CCO an extensive track record within the harsh environment offshore market and was until 2016 employed in the Group as
Project Director and Managing Director of Viking Ice Consultancy. -
The Group took delivery of the first of two ice-classed PSVs, Coey Viking, from
Remontowa Shipyard inPoland . The vessels are high specification, large PSVs with dual-fuel and hybrid capabilities. With their reduced carbon footprint, the vessels will be attractive addition to the Group's fleet. Coey Viking was fixed on a term contract with Wintershall on the Norwegian continental shelf and commenced the contract upon arrival in theNorth Sea during February.
SUBSEQUENT EVENTS
- In mid-April the Group took delivery of the second of the two ice-classed PSV-vessels, Cooper Viking, from
Remontowa Shipyard inPoland . Prior to its delivery, Cooper Viking was fixed on a term contract for VårEnergi on the Norwegian continental shelf with commencement in June. The vessel will operate in the spot market for a short period before commencing on the contract with VårEnergi .
FOR FURTHER INFORMATION, PLEASE CONTACT
Morten G. Aggvin, CFO, ph. +47 41 04 71 25, e-mail morten.aggvin@vikingsupply.com
This information is information that
https://news.cision.com/viking-supply-ships-ab/r/viking-supply-ships-ab--publ--interim-report-q1-2021,c3351051
https://mb.cision.com/Main/509/3351051/1420547.pdf
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