Annual Report

The report describes 2017 as a challenging year marked by financial restructuring, with consolidated operating income of NOK 754.7 million and a strengthened liquidity position. It reports one lost time injury and continued HSEQ programs, including safety observations, risk analyses and tool-box talks. Environmental initiatives included hybrid and battery solutions, fuel and energy-efficiency programs, and reported vessel CO2 emissions of 100,540 tons. The report also states that no policy violations were found in 2017.