Sweden's Stena AB has seen third quarter profit fall in weaker tanker markets.
The net figure was SEK 180m ($21.4m) to 30 September, against SEK 900m in the same period of 2016.
Revenue dropped to SEK 8.08bn from SEK 9.13bn.
Stena also said its Stena RoRo division had acquired the 14,600-gt ro-pax Hammerodde (built 2005) from Danske Faerger last month.
Ferry operations hit historically high levels, with continued increased volumes in freight and travel segments, offset by increased bunker costs and a challenging North Sea Market.
Ferries produced operating profit of SEK 989m, down from SEK 1.05bn in 2016.
There were increased bunker costs, and increased charter costs as a vessel was drydocked.
Car volumes rose 3% and freight volumes by 4% compared to the corresponding period last year.
Tankers reduced their loss to SEK 110m from SEK 126m.
The market was weaker in general and in the crude oil and suezmax segments in particular, the company said, offset partly by more operational days for the LNG vessels.
The result now includes full consolidation of Stena Weco.
Ro-ro profit rose to SEK 246m from SEK 50m, with strong contract coverage and utilisation across the fleet, and firm ro-pax rates.
Financial costs improved due to lower interest and successful asset management.
Stena said there was "strong" available liquidity of SEK 16.9m.
