Cruise operations of Nippon Yusen Kabushiki Kaisha (NYK), the Japanese shipping giant, tripled in the financial year to 30 March 2015, the company said in a statement.
Recurring profit reached JPY 2.1 billion compared to JPY 0.7 billion in the previous 12 month period. Revenues rose to JPY 49.8 billion from JPY 45.2 billion.
"Crystal Cruises in North America performed well in world cruises and cruises to European destinations, and Asuka Cruises also performed favourably in key summer and New Year’s cruises," NYK said.
The company has agreed to sell Crystal Cruises to Genting Hong Kong that owns Star Cruises. The two cruise shipping companies will maintain separate identities and management.