Transatlantic posts record figures for offshore venture

TransViking, 50/50-owned by Transatlantic in Skärhamn, Sweden, and Viking Supply Ships AS in Kristiansand, secured day rates exceeding GBP 200,000 in a number of offshore assignments during October and a high utilization of the vessels. As a result, Transatlantic’s business area Offshore can post record earnings for the period. The company expects a continued strong but volatile market for the rest of the year.