NewYork-quoted ISC reported net income of $16.9m for the three months to 31December, versus a gain of $11.5m in the comparable period a year prior.

Revenuesrose to $76.2m from $56.8m year-on-year and its annual result rang in at $18.2m,which was slightly lower than the $22m profit posted in 2012.

Ina statement ISC’s chief executive, Niels Johnsen, applauded recent developmentslike two trips to the capital markets, the reactivation of a Jones Act tug andbarge unit, an investment in a joint venture for two chemical carriers and therenewal of a contract with The Mosaic Company.

 “Moving