Diana Containerships Inc., a global shipping company specializing in owning and operating containerships, said it had a profit of $1.6 million for the third quarter of 2012, compared to $2.7 million for the same period of 2011.
Time charter revenues were $14.6 million for the third quarter of 2012, compared to $9.7 million for the same period of 2011, mainly due to the increase in the number of vessels in the fleet following the delivery in February and March of four additional ships.
Diana also announced it took delivery Monday of its 10th ship, the Panamax container vessel, APL Garnet
. The 1995-built vessel has a capacity of 4,750 TEU. - Chris Dupin