The company said it made EUR 2.51m ($3.16m) on a group basis to 30 June, up from just EUR 51,000 in the same period of 2013.

Revenue edged up to EUR 72.46m from EUR 71.59m, while operating profit was EUR 3.35m, from EUR 2.6m.

The fleet of 16 LPG carriers contributed profit of EUR 3.99m, against EUR 2.84m in 2013.

And the five products and chemicals tankers added EUR 1.29m,