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SEALINK UK broke even in the fourth quarter of last year, according to its new parent company, Bermuda-based Sea Containers.
It bought Sealink and its ferries from British Rail in July last year, a move which helped increase its total revenue from $143.8m in 1983 to $369.1m.
Sealink earned $15.8m on $170.4m turnover last year, and in the last quarter it earned $133,000 on $81.3m turnover.
The group's main business is in container leasing.