The Nasdaq-listed outfit, which operates mainly in theoffshore and river barge segments, reported net income of $13.5m for thesecond quarter, recovering from a loss of $5.4m in the same leg of last year.
On an operating level the company boosted income from $3.4mto $17.3m while total revenue jumped to by around 50% to $121.8m.
Felipe Menendez, chief executive officer, said: "Thesuccess we have experienced in River and Offshore so far this year is theresult of the significant investment that the company made in these sectorsover the past five years which are now starting to show in our results.