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Swire Pacific's massive Danish ships push rate profits

With two mega ships for windmill installations, the Osprey and the Pacific Orca, Danish Swire Blue Ocean contributes significantly to an increased rate level at its parent company.

Swire Pacific Offshore (SPO) in Hong Kong, whose subsidiaries include Danish Swire Blue Ocean with its two massive windmill installation ships, Pacific Orca and Osprey, saw its profits increase by 71 percent in the first half of 2013, to approximately USD 87.5 million.

The Asian supply ship operator's growth is attributed to increasing rates from Swire Pacific Offshore's new specialized ships that joined the fleet in 2012.

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