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CAPT posts strong Q2 revenue and net income amid fleet expansion

CAPT reported Q2 revenue of $149 million and net income of $93 million, its first full quarter as a listed company. It cited high TCE rates and a robust outlook supporting expansion and dividend payouts.

CAPT

Q2 marked the first full quarter as a listed company, with rapid fleet growth and strong financial results, including $149 million in revenue and $93 million net income.

High TCE rates and a robust market outlook support continued expansion, dividend payouts, and a fully funded growth program.Based…