The operating result before depreciation was EUR 10.7m ($13.9m), compared to EUR 8.2m in the second quarter of 2013.

For the first half of the year, net freight income was EUR 69.4m, marking a 7.7% rise from EUR 64.4m the year before.

The company's ships earned EUR 3,257 per day, ending on a similar level as the first quarter (EUR 3,306 per day).

Wilson