The dry cargoship owner said the net deficit was LTL 15.8m ($5.73m) to 30 September, against LTL 4.6m in 2013.
Revenue was reduced to LTL 53.7m from LTL 72.1m, while EBITDA was LTL 1.4m from LTL 2.7m the year before.
It spent LTL 0.5m on ship repairs during the period,
LSC’s website lists eight vessels under its control.
