Shipping trust Rickmers Maritime says for the quarter ended 31 December 2009 (4Q2009), charter revenue registered an improvement of 29% to US$38.13 million ($54.2 million), compared with US$29.56 million for the same period last year.
Rickmers Maritime will distribute 0.57 US cents per unit for 4Q2009, representing a payout of 14% of income available for distribution. Total distribution for the year will amount to US$16.57 million, which represents 22% of income available for distribution.
