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Havila Shipping ASA ( (DE:H4S) ) has shared an update.
Havila Shipping ASA reported a freight income of NOK 149.3 million in the third quarter of 2025, showing an increase from the previous year but a decrease from the last quarter. Despite lower average rates and utilization, the company achieved a result before tax of NOK 9.0 million, highlighting a positive financial trajectory compared to the previous year. The company maintains a strong fleet utilization rate of 95.3%, indicating operational efficiency, although two vessels were temporarily out of service for planned maintenance. The financial results reflect a stable operational performance amidst fluctuating market conditions, with implications for improved stakeholder confidence.
More about Havila Shipping ASA
Havila Shipping ASA is a company operating in the maritime industry, primarily focused on providing shipping services with a fleet that includes platform supply vessels (PSVs), subsea vessels, and a rescue recovery vessel (RRV). The company operates 14 vessels, with some owned externally and others under various contracts, and employs a substantial workforce of seafarers and administrative staff.
Average Trading Volume: 157,228
Current Market Cap: NOK337.1M
See more data about H4S stock on TipRanks’ Stock Analysis page.