The US-listedshipowner posted a net loss of $4.7m in the first quarter, a 19% improvement onthe $5.8m loss recorded a year ago.
Totalrevenues were up 11% to $86.3m helped by a 27% increase in revenue at itsoffshore division which came in at $27.4m.
Revenues at its river, or tugboat, business wasup 5% to $41.3m, while its deepsea shipping arm saw revenue increase 4% to$17..6m.
