Paris-based Bourbon booked net earnings of EUR 31m ($41.5m)for the year to 30 June versus EUR 25.3m for the first half of 2012.

Operating income leapt by nearly 45% to EUR 92.1m from EUR63.8m while revenue for the period rose 14% to EUR 648m.

Bourbon’s deepwater fleet booked an 11.6% rise in revenue toEUR 195.3m partly due to an increase in average daily charter rates of morethan 8%, helped by steady activity in Europe and West Africa.

Shallow