The Singapore listed firm saw net profit double to SGD 13m ($10.26m) inthe three months to 31 December from SGD 6.4m in the final quarter of 2012.

Revenue soared by 86% to SGD 79.3m from SGD 42.5m a yearearlier.

For the full year net profit surged by 41.5% to SGD 23.2 whilerevenue reached a record high of SGD 114.7m.

Swissco has 34 vessels in the water including 10 anchor handlingtugs, 12 utility tugs, six barges, two accommodation vessels and 4 crew boats.

However