The Oslo-listed US shipbuilder, fresh from announcing anorder from Crowley Maritime for eight MR products carriers, booked net incomefor the second quarter of $1.2m compared to a loss of $0.8m during thesame period a year ago.

Earnings before income tax, depreciation and amortisation (EBITDA)came in at $3.7m in the three months to 30 June compared to a $1m deficit last time round.