MC Shipping, the Amex-quoted LPG and containership specialist, has reported a record profit of more than $3m and resumed its dividend policy .
The company, 48% owned by the Vlasov group, saw a dip in revenues last year from $41.9m in 2002 to $35.8m following the sale of four containerships in July. Operating expenses also rose to 50% of revenues against 46.7%
