Esvagt reports setback in profits

Esvagt's bottom line dropped by more than DKK 40 million in 2018, when work was scarcer in the North Sea. However, management expects 2019 will bring more contracts in Norway, Denmark and the UK.

by NIKLAS KRIGSLUND

Offshore shipping company Esvagt books decreased earnings for 2018, when its core market in the North Sea was low on assignments.

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