The company said net earnings to 31 December were EUR 2.29m ($2.15m), from EUR 1.16m in the same three months of 2013.

Revenue was up at EUR 119m from EUR 107m, while its full-year profit was EUR 13.6m against EUR 10.81m.

The company said the result was in line with expectations.

Volumes in the North Atlantic liner services grew by 7.9% from 2013 and there was "considerable growth" in transported volume to and from Iceland and the Faroe Islands.

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