The offshore vessel owner secured earnings of SGD 6.8m ($5m) for the three months ended December 2014, compared to SGD 3.5m in the same stage of 2013.

This was translated into earnings per share (EPS) of SGD 2.18, up from SGD 0.95.

Revenue went down one tenth to SGD 26.6m with Marco Polo’s ship chartering division booking a turnover of SGD 13.2m,