Revenues of USD 58m (-8% vs. ARCe, +11% vs. cons)EBITDA of USD 17m (ARCe: USD 23m, Cons: USD 9m)Deepsea Mira has commenced demobilized, awaiting more work in WAFA new contract on Mira is key for the investment case...... as the company has USD 300m of debt maturing in June 2026

30 May 2025
Arctic FLASH: Northern Ocean Ltd. - Q1 below expectations - All eyes on Mira to secure more work

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Arctic FLASH: Northern Ocean Ltd. - Q1 below expectations - All eyes on Mira to secure more work
Northern Ocean Ltd. (NOL:OSL) | 0 0 0.0%
- Published:
30 May 2025 -
Author:
Sebastian Grindheim | Ole H. Berg -
Pages:
11 -
Revenues of USD 58m (-8% vs. ARCe, +11% vs. cons)EBITDA of USD 17m (ARCe: USD 23m, Cons: USD 9m)Deepsea Mira has commenced demobilized, awaiting more work in WAFA new contract on Mira is key for the investment case...... as the company has USD 300m of debt maturing in June 2026