The Oslo-listed Jones Act shipbuilder delivered a tanker toCrowley Maritime in the third quarter of 2012 but only recognised revenue fromcontinuing progress on a pair of aframaxes in the same period this year.
As a result net profit for the three months to 30 Septemberfell to $1.9m from $9.9m in the third leg of 2012 and revenue more than halvedto $50.7m
