The offshore shipping subsidiary racked up net earningsof $44.8m, from $34.4m in 2012.
Revenue climbed to $376.5m from $309.5m over the sameperiod.
Growth was put down to additional vessels joining the fleet,plus improved utilisation.
“We have focused on maintaining tight control of ourcosts and this has resulted in significant cost savings benefiting us in theshort-term and over the coming years,” it added.
The contract backlog stands at $1.16bn.
