Today, we have a healthy balance sheet in an industry littered with balance sheets needing repair. To demonstrate, we do not have any debt maturities until 2017. Also, and equally important, we do not have any capex requirements. And at the same time, we're sitting on very strong liquidity. As a group, we have over $400 million of liquidity. Looking at the income statement, we have a strategy of long-term visibility of cash flows. Even in today's rate environment, we have contracted revenues that surpass the cost of our entire fleet. For each "open day," we will earn a profit if we charter the related vessel for anything above zero. http://finance.yahoo.com/news/interview-angeliki-frangou-chairman-chief-230200394.html
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