The company, which also has bulker and logistics interests,said net earnings last year were $113.1m, compared to $78.49m in 2012.

Revenue improved to $1.26bn from $1.21bn over the sameperiod.

Shipping accounted for $558m of this, with profit reaching$49.46m from $17.95m

In 2012, the company booked one-off charges of $18.3m,mainly from provisions against its bulker fleet.

Container volumes carried on it 61 vessels rose from 1.77m