Revenue at theSingapore-listed integrated offshore marine solutions provider was up 73%year-on-year to $19.9m.

Vallianzsaid the improvement was driven by the rise in demand for its chartering andbrokering services and vessel management expertise, along with its expansion inSaudi Arabia.

Vallianz’sorder book now stands at $470m helped by new contracts clinched in November chartersfor an unspecified number of PSVs to support exploration and production work inthe Middle East.

“Weare