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The company's total revenues for the second quarter of 2009 were $16.7 million, compared to $19.3 million in the same quarter of 2009.
For the six months ended June 30, 2009, the company has reported a net income of $4.7 million, compared to $10.22 million in the same period of 2009.
Total revenues for the first half of 2009 were $35.4 million, compared to $38.15 million in the first half of 2008.
George Kassiotis, president and CEO of Omega Navigation, said: "We attribute our profitable operating results to our strategy of acquiring high quality modern vessels and seeking predictable and stable cash flows through the term employment of our vessels."
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