The gas carrier player said the net loss was $4.63m, compared to $6.67m in the same period of 2014.

Revenue was weaker at $16.18m, down from $17.93m, but it reduced costs by 30%, leading to operating earnings of $3.7m against $3.71m.

Financial expenses were also lower, boosting the bottom line.

The company said its better performance was curtailed by overcapacity in its sector, however.

This