Diana Shipping (DSX) Posts Q3 Loss of 99c/Share; Terminates Talks with Lenders
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Diana Shipping Inc. Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2016
November 17, 2016 8:40 AM ESTATHENS, Greece, Nov. 17, 2016 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the Company), a global shipping company specializing in the ownership of dry bulk vessels, today reported a net loss of $78.3 million and net loss attributed to common stockholders of $79.8 million for the third quarter of 2016, of which $50.0 million relates to loss and impairment of our investment in Diana Containerships Inc. This compares to a net loss of $17.4 million and a net loss attributed to common stockholders of $18.8 million for the third quarter of 2015.
Time charter revenues were $27.1... More
