Net income at theJakarta-listed company was $27.1m versus the $20.2m seen a year ago. Turnover wasup 50% to $186.7m.

Wintermarsaid higher demand for deepwater drilling has contributed to a pickup in itschartering business, which has seen a 71% jump in revenues to $78.1m and nearlydoubling of profit to $5.2m.

However,it warned that these contracts are mainly on short term tenures given the highproportion of exploration activity and that it was not expecting the samegrowth in 2014.

“Cabotageimplementation