Aberdeen head-quartered global shipping and energy services firm, Craig Group, has marked its 80th anniversary with strong performance announced as its accounts are lodged with Companies House.
The privately owned, family-run business, now employing the fourth generation of the Craig family, has reported turnover of £146.8 million with operating profits of £17.4 million for the year ending 30 April 2013.
These are up on the previous year when turnover was £123.3 million and profits were £15.2 million.
The group, whose core activities are the provision of offshore support, ROV survey, emergency response and rescue vessels (ERRVs) and oilfield procurement, provides employment for 1,062 people, 925 of which are mariners crewing the group’s fleet of 37 vessels.
Capital expenditure in the year was £37.4 million of which £27.8 million was spent on the continued modernisation of the fleet of emergency response and rescue vessels.