The company said net earnings to 31 December were EUR 5.1m ($6.96m),against a loss of EUR 11.05m in the same three months of 2012.
Revenue from its 113 ships edged up to EUR 36m from EUR35.3m.
Exchange rate gains totalled EUR 4.98m, from EUR 0.79m in2012.
Themarket was described as “positive”, with the trend continuing into the firstquarter of this year.
Contractcoverage stood at 54%, up 5% from the third three-month period.
“Improvedeconomic
