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(From Lloyds List)
HIGH demand for offshore support vessels boosted revenues and income for Seacor Holdings and Trico Marine Services, writes Martyn Wingrove.
The two New York-listed companies have seen their profits growing as dayrates and utilisation for their ships improved.
Seacor Holdings, the world's second largest offshore support vessel owner, saw its net income climb to $106m in last year's fourth quarter compared with $19m in the same period of 2004.
'All our business segments enjoyed a positive end to the year. Operating income for the final ...