Net income was only $454,000 but it was a major improvement on the loss of $5.9m seen in the same quarter in 2013.
Revenue at the John Dragnis-led shipowner was $12.3m against the $15m achieved a year ago, by the London-listed company.
“Trading during the second quarter was softer than in the first quarter due to continued subdued demand in the Far East and a weak South American grain season,” Goldenport said.
It
