TheUS-listed Greek bunker company said Wednesday that net income was $7m versusthe $3.3m seen twelve months earlier.

Revenue was down over 15% year-on-year to$1.46bn, but costs fell 16% year-on-year to just under $1.4bn, Aegean said.

For the three monthsended 31 December 2013, the volume of marine fuel sold by Aegean decreased by12.6% to 2.38mt.

“We closed 2013 with great momentum and the fourth quartermarked our third consecutive full year of profitability,” said Aegean presidentE Nikolas Tavlarios.

“Despite