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Re: Mightymin post# 1640

Sunday, 11/12/2017 11:07:40 PM

Sunday, November 12, 2017 11:07:40 PM

Post# of 4109
In the first nine months of 2017, net revenue was $50.5 million, up 112% from the same period in 2016. Our time charter equivalent date increased by 106%, while operating days were up 35%.

The daily time charter equivalent earned by our fleet during the first nine months of 2017 was about $10,000 per day, as compared to $4900 in the same period of 2016, an improvement of 106%.

In particular, our Capesize fleet earned an average time charter equivalent of about $11,000 a day.
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