The Crete-based company posted a net loss of EUR 35.7m ($49.27m)for last year, versus EUR 60.8m in 2012.
Fleet revaluation cost it EUR 15.3m, down from EUR 35.5m theyear before.
It has begun working together with Attica on some routes andchartered two ships out overseas in the summer, as well as dropping unprofitableroutes and continuing slow-steaming.
Volumes dropped as a result: to 1.5m
