Clarification: TCC loses $3 million in first half

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Key Takeaways:

Clarification: TCC loses $3 million in first half    A report Tuesday incorrectly stated the nature of a decision made by The Containership Co.’s executive board. TCC’s board was given authorization to issue new shares at a time of the board’s choosing. The board has at this point not chosen to use that authorization, and no additional capital has been injected nor is planned to be injected into the company.