Sea Containers Ltd. the passenger and freight transport operator, marine container lessor and leisure industry investor, this week announced net earnings of $16 million ($0.79 per common share) for the quarter ended June 30, 2002 compared to $6.2 million ($0.33 per common share) for the same period last year.

For the quarter, revenue was $410 million compared with revenue of $326 million in the year earlier period. Earnings before interest, depreciation and amortisation (EBITDA) were $83.6 million compared with $72.4 million a year earlier.

For the six months ended June 30, net earnings were $10.0 million ($0.52 per common share) on revenue of $682 million, compared with net earnings of $7.1 million ($0.38 per common share) on revenue of $618 million in the year earlier period.

EBITDA was $125.2 million compared with $129.5 million a year earlier. The year earlier period included $20.2 million gain on port sales.