The company said it made EUR 143.4m ($196.7m) last year on anet basis, up from EUR 53.2m in 2012.

Revenue climbed to EUR 1.31bn against EUR 1.18bn, with “strongactivity in both deep and shallow-water markets.”

Contract cover was stable and average rates rose for allship types.

Asia saw the biggest increase in revenue for the secondconsecutive year, it said, as it introduced new ships and demand grew.

Looking