Subsea 7 reports billion-dollar deficit after fresh impairments
![Photo: PR/Subsea 7](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article12787189.ece/ALTERNATES/schema-16_9/doc7enz4h6mxdz6e46158t.jpg)
The spread of the coronavirus and the decline in oil prices last year have had consequences for UK-based shipping company Subsea 7's financials.
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