Dof in "unsustainable" situation despite Q1 profit

Crisis-ridden offshore carrier Dof, which is negotiating a restructuring plan, books a profit for the year’s first quarter. But the financial situation is still unsustainable, states Dof.

by astrid sturlason, shippingwatch, translated by kristoffer grønbæk

The strained Dof group, which for long has attempted to land a restructuring plan, begins 2022 with a profit.

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Minor shareholders could block DOF's restructuring
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Dof exits Q2 with profit but remains in dire straits
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