Euroseas, the Greek-based operator of container ships and bulk carriers recorded EBITDA of $5m for the second quarter.
This was the same figure as the second quarter in 2010.
Net income was in the red, but not to the same extent as last year.
In the first half of 2011, the company, which owns 10 container ships and six dry cargo vessels, recorded a net loss of $0.6m