The company announced a net deficit of $19mfor last year, against a loss of $70m in 2012.
Revenue was comparable to last year at $287m.
The company is the ferry, ro-ro and tankerunit of Clipper Group and the result does not include all the parent’s businesses.
“The significant improvement as comparedwith 2012 is in line with our expectations,” said Clipper Group CFO FlemmingSteen.
“The
