The New York Stock Exchange-listed company said net earnings to 30 September were $7.7m compared to a loss of $3.2m in the same period of 2013.
Time charter revenues were $45.1m, up from $41.9m, due to a bigger fleet
The operating loss grew to $3.48m, however, from $1.44m, as voyage and vessel operating costs rose, as well as depreciation.
Time charter rates fell to $12,295 from $12,990 year-on-year.
But
