Philly Shipyard has recorded stronger fourth quarter and annual results to close out a 12-month period in which it has paid over $90m in dividend.
Oslo-listed Philly Shipyard booked a gain of $19.3m in the quarter, ahead of the $9.7m seen at the same stage a year ago.
It explains the upturn in quarterly figures follows the delivery of a products tanker to Kinder Morgan and continued progress with vessels it is building for Matson.
Profit
