The North Sea AHTS market remained strong in Q2, driven by high rates following a tightening of vessel supply in the spot market, as several vessels migrated to other regions. Average fixture rates for the North Sea AHTS spot market reached USD 175 000 in Q2 2026, representing an increase of 130% compared to Q2 2025. The highest recorded rate during the quarter was around USD 400 000. Utilization remained moderate during the quarter.
SECOND QUARTER
- Net revenue was MSEK 461 (312)
- EBITDA was MSEK 278 (142)
- Result after tax was MSEK 182 (87)
- Result after tax per share was SEK 13.8 (6.6)
YEAR TO DATE
- Net revenue was MSEK 712 (459)
- EBITDA was MSEK 353 (180)
- Result after tax was MSEK 211 (63)
- Result after tax per share was SEK 16.0 (4.8)
SUMMARY OF EVENTS IN Q2 2026
- In May, Trond Myklebust announced his resignation from his position as CEO with effect from 31 July 2026.
SUBSEQUENT EVENTS
- With effect from 1 August 2026 Ulrik Mannhart was appointed as CEO and Bengt A. Rem as Group CEO.