Pre-tax profit for the period was EUR 2.7m ($3.6m) versus EUR 3.3m in the first half of last year.

The Dublin-based owner’s net debt went down to EUR 71.9m from EUR 93.4m at 31 December 2013.

The introduction of the new ro-ro vessel Epsilon (built 2011) contributed to revenue growth by 8.1% to EUR 130.7m, while ro-ro freight volumes rose 18.5% to 118,000 units.

John