TelestackPort of South LouisianaTBA GroupPort of StocktonCimbriaVigan
  • Sailors Society
  • Port of Stockton
  • Bühler GmbH
  • Geneva Dry
  • Van Aalst
  • TMS Awards 2023

Higher earnings for Diana Shipping

(Posted on 27/11/18)

Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, has reported net income of $14.8 million and net income attributed to common stockholders of $13.3 million for the third quarter of 2018, compared to a net loss of $24.5 million and a net loss attributed to common stockholders of $25.9 million reported in the third quarter of 2017.

Time charter revenues were $61.5 million for the third quarter of 2018, compared to $43.9 million for the same period of 2017. The increase in time charter revenues was due to increased average time charter rates that the Company achieved for its vessels during the quarter.

Net income and net income attributed to common stockholders for the nine months ended September 30, 2018 amounted to $13.7 million and $9.3 million, respectively. This compares to a net loss and net loss attributed to common stockholders of $74.8 million and $79.1 million, respectively, for the same period of 2017. Time charter revenues were $163.3 million for the nine months ended September 30, 2018, compared to $113.0 million for the same period of 2017.

Latest News

INTERCARGO report: Safety gains continue but security threats emerge

(Posted on 15/06/25)

INTERCARGO, the International Association of Dry Cargo Shipowners, reports encouraging progress in bulk... Read more


Marcura and Sedna Partner to simplify maritime workflows

(Posted on 15/06/25)

Marcura and Dataloy Systems have announced a new phase in their long-standing strategic partnership... Read more


Ageing fleet drives surge in number of maritime incidents, says DNV report

(Posted on 06/06/25)

According to DNV’s latest report, Maritime Safety Trends 2014-2024 - Preparing for future risks... Read more


Two Damen Combi Freighters 3850 launched for Fast Lines Belgium

(Posted on 06/06/25)

The second of three Damen Combi Freighters (CF) 3850 has been launched in China for Fast Lines Belgium... Read more


Columbia: Diversity’s ‘forgotten twin’ inclusion must be priority

(Posted on 06/06/25)

Inclusion is every bit as important as diversity in ensuring that shipping becomes a truly welcoming... Read more


Postfix for shipbrokers made simple

(Posted on 02/06/25)

AXSMarine, a pioneer and market leader in the provision of advanced solutions and market intelligence... Read more


Veson Nautical and Great Eastern Shipping go live with IMOS Platform

(Posted on 30/05/25)

Veson Nautical, a global leader in maritime data and freight management solutions, and The Great Eastern... Read more


Columbia Group welcomes alignment on ETS

(Posted on 30/05/25)

Columbia Group has welcomed the UK government’s announcement to link its emission trading system... Read more


Damen completes green retrofit project for BAM Shipping

(Posted on 15/05/25)

Damen Shipyards Group, together with partners including Atal Solutions has completed its retrofit of... Read more


NORDEN expands MPP fleet, reinforcing growth in Projects & Parcelling

(Posted on 15/05/25)

NORDEN has announced that it has signed agreements for two additional 17,500 dwt Multi-purpose (MPP)... Read more


Van AalstSailors SocietyTMS Awards 2023Bühler GmbHGeneva Dry
  • Vigan
  • Telestack

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping