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benfrankledger

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benfrankledger

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Friday, 11/17/2017 1:35:32 PM

Friday, November 17, 2017 1:35:32 PM

Post# of 2945
Time charter revenues, net of prepaid charter revenue amortization, were $6.7 million for the third quarter of 2017, compared to $8.0 million for the same period of 2016, mainly due to the sale of the vessels Angeles in November 2016 and Doukato in June 2017. This decrease was counterbalanced by the increase of revenues generated by the improvement of the Company’s fleet utilization and the decrease of off-hire days in the third quarter of 2017 compared to the same period of 2016.
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