The Wilbur Ross-led company reports that its net income for the quarter stood at $19.7m, a full 71.3% more than that of second quarter of 2013.
Revenues climbed 25.8% to $60.5m, which the company attributes to the increase in the number of vessels in its fleet. The company also noted that charter rates have increased and vessel utilization has improved.
Earnings Per Share was $0.36
