The Oslo-listed company, which trades as Star Reefers,logged net earnings of $0.6m versus a deficit of $1.3m in the same period lastyear.
Revenue after voyage expenses rose to $36.9m from $31.9m.
Average spot market rates for larger reefers fell to $0.32 percubic foot (cbf) from $0.37 per cbf for the third quarter of 2012.
Siem currently has limited exposure to the spot market howeverit warned that low spot rates can impact the rates it can achieve for termcontracts.
Though
