The Greek company reported a net deficit of $5.3m, from $6.8m in the same period of 2013.
Revenue was up 167% to $10.4m as the fleet was doubled to six vessels.
EBITDA was $0.8m, from a loss of $0.5m the year before, while the operating loss was cut to $3.4m from $4.6m.
Hellenic said time charter rates were $10,914 daily, from $7,735 in 2013, outperforming the average numbers for the panamax and supramax fleets.
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