Marine Link
Tuesday, September 25, 2018

Diana Shipping Nets 2Q Loss

Maritime Activity Reports, Inc.

August 1, 2015

Logo

Logo

 

Diana Shipping Inc. today reported a net loss of $14.1 million and net loss attributed to common stockholders of $15.5 million for the second quarter of 2015, compared to net loss of $5.7 million and net loss attributed to common stockholders of $7.2 million reported in the second quarter of 2014.

Time charter revenues were $38.6 million for the second quarter of 2015, compared to $43.2 million for the same quarter of 2014. The decrease in time charter revenues was mainly due to decreased time charter rates in the quarter and was partly offset by revenues derived from the increase in ownership days resulting from the enlargement of our fleet.

Net loss and net loss attributed to common stockholders for the six months ended June 30, 2015 amounted to $24.8 million and $27.7 million, respectively, compared to net loss and net loss attributed to common stock holders of $11.8 million and $14.0 million, respectively, for the same period of 2014. Time charter revenues were $80.6 million for the six months ended June 30, 2015, compared to $84.3 million for the same period of 2014.

Maritime Reporter Magazine Cover Sep 2018 - Maritime Port & Ship Security

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News