The shipowner banked $700,000 in the three months to the end of June, against a $19.6m profit a year ago.
Earnings per share adjusted for losses on the extinguishment on bonds came in at $0.57 per share, compared with the Reuters consensus of $0.60 per share.
Its Offshore Marine Services arm booked an operating loss of $350,000 for the quarter, compared with an $18.14m
