Diversified Greek shipowner Capital Product Partners (CPLP) saw its profits hit by an $8m impairment on the sale of a capesize bulker.
The Nasdaq-listed company said net income dropped 64% in the three months to the end of June to $7.4m.
The result reflected an impairment charge of $8m from the sale of the 179,221-dwt Cape Agamemnon (built 2010).