Net income at the Indonesian offshore operator was $12.8m, while ebitda was $39.4m, a year-on-year growth of 24%.
Revenue from Wintermar’s owned tonnage increased 23% year-on-year to $56.5m, reflecting the increase in its fleet over the past 12 months.
In contrast revenue at its chartering division fell by 23% to $27.4m in the first half due to delays in government approvals for oil and gas contracts.
“However,
