![]() See a later section of this press release for a reconciliation of Adjusted EBITDA to total comprehensive loss and net cash used in operating activities, which are the most directly comparable financial measures calculated and presented in accordance with the GAAP measures. ![]() dollars except for daily rates and per share data)ĭaily Time charter equivalent rate (“TCE”) (3)Īverage operating expenses per vessel per dayĪdjusted EBITDA is a measure not in accordance with generally accepted accounting principles (“GAAP”).
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