Diana Containerships reports Q2 loss of $600,000

Vessel owner-charterer Diana Containerships said its second-quarter loss narrowed to $600,000 from $1.7 million a year ago, as time-charter revenue increased to $4.2 million from $1.3 million within the same period, Journal of Commerce reports.The company, founded in early 2010 and listed on the NASDAQ exchange, had a net loss of $400,000 for the first six months of this year, compared with $1.9 million a year earlier. Time-charter revenue increased to $7.5 million from $1.3 million.
Shipping Insight: Who's Banking on Shipping?
Diana owns five container ships with capacities of 3,426 to 4,715 twenty-foot-equivalent units. Four are chartered to Maersk Line and one to CSAV.