Diana earnings lifted by expanded fleet

Thursday, May 03, 2012

Diana Containerships, which owns containerships and charters them to liner operators, said it had a profit of $1.9 million for the first quarter of 2012, compared to a net income of $300,000 for the same period of 2011. Time charter revenues were $12.4 million for the first quarter of 2012, compared to $3.2 million for the same period of 2011, mainly due to the increase in the number of vessels in its fleet. Following delivery of two ships in Februar...

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