The Oslo-listed company, which holds stakes in variousshipowning ventures, booked net profit of NOK 20m ($3.2m) compared to a loss ofNOK 1.4m in the second leg of 2012.

Shipping activities yielded NOK 18.8m in operating earningsversus NOK 7.8m during the same period in 2012.

For the second quarter in a row financial items boosted earnings,adding NOK 7.4m compared to subtracting NOK 3.7