The Oslo-listed company also posted an operating profit of $52.2 million, up 91% from last year. However, this was down from the $128.7 million recorded in the 2012 fourth quarter as a result of a $75 million vessel impairment charge being reversed.
Operating revenue increased slightly to $222.2 million, from $217.5 million a year earlier.
Earnings before interest, taxes, depreciation and amortisations were up 64% to $117 million, largely in line with the fourth quarter.
During
