Havila Shipping ASA : Second Quarter 2013 accounts

by Hans | July 23rd, 2013

Havila Shipping ASA achieved a profit before tax of NOK 33. 0 m in Q2 2013, compared with NOK -10.9 m in Q2 last year. Year to date, the profit before tax was NOK 13.4m, compared with NOK -14,4m per. 30/06/2012.

Total operating income and gains was NOK 367.2m in the Q2 of 2013. Total operating income for corresponding period last year was NOK 353.7m. The group had 27 vessels in operation during the quarter per 30.06.2013, compared to 28 vessels in the 2nd quarter of 2012. Year to date, total operating income and gains were NOK 697.5m, compared with NOK 711.2m per 30/06/12.

The group had 27 vessels in operation per 30/06/2013.

Four of the vessels are operated by the 50 % owned company in Singapore, Posh Havila Pte Ltd. One vessel is still leased through a bareboat contract.

The market for offshore service vessel in the 2th quarter has been about as expected. Activity has been good, but particularly for AHTS at times characterized by too many available vessels.

The utilisation was 94% in Q2 for the fleet.

CEO Njål Sævik, +47 909 35 722
CFO Arne Johan Dale +47 909 87 706
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
2nd quarter report

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