Diana Containerships (DCIX) Reports Q3 Loss of $0.61/Share

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Go back to Diana Containerships (DCIX) Reports Q3 Loss of $0.61/Share

Diana Containerships Inc. Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2018

November 23, 2018 9:10 AM EST

ATHENS, Greece, Nov. 23, 2018 (GLOBE NEWSWIRE) -- Diana Containerships Inc. (NASDAQ: DCIX), (the Company), a global shipping company specializing in the ownership of containerships, today reported a net loss of $6.3 million for the third quarter of 2018, compared to a net loss of $8.7 million for the same period of 2017.  The loss for the third quarter of 2018 mainly includes $4.8 million of impairment charges for one vessel.

Time charter revenues were $5.2 million for the third quarter of 2018, compared to $6.7 million for the same period of 2017. This decrease was primarily due... More