• 2015 November 14 09:23

    Diana Shipping reports financial results for Q3 2015

    Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, today reported a net loss of $17.4 million and net loss attributed to common stockholders of $18.8 million for the third quarter of 2015, compared to net income of $7.7 million and net income attributed to common stockholders of $6.3 million reported in the third quarter of 2014.

    Time charter revenues were $38.9 million for the third quarter of 2015, compared to $45.1 million for the same quarter of 2014. The decrease in time charter revenues was mainly due to decreased time charter rates in the quarter and was partly offset by revenues derived from the increase in ownership days resulting from the enlargement of our fleet.

    Net loss and net loss attributed to common stockholders for the nine months ended September 30, 2015 amounted to $42.2 million and $46.5 million, respectively, compared to net loss and net loss attributed to common stockholders of $4.0 million and $7.7 million, respectively, for the same period of 2014. Time charter revenues were $119.4 million for the nine months ended September 30, 2015, compared to $129.4 million for the same period of 2014.

    The Company also announced that, on November 10, 2015, through a separate wholly-owned subsidiary, it took delivery of the m/v New Orleans (formerly Hull No. H1364), a 180,960 dwt newly built Capesize dry bulk vessel that the Company entered into an agreement to purchase in April 2015. As previously announced, the m/v New Orleans is time chartered to SwissMarine Services S.A., Geneva, at a gross charter rate of US$11,650 per day minus a 5% commission paid to third parties, for a period of minimum eleven (11) months to about fifteen (15) months. The charter commenced yesterday.

    This employment is anticipated to generate approximately US$3.84 million of gross revenue for the minimum scheduled period of the time charter.

    Including the newly delivered m/v New Orleans, Diana Shipping Inc.’s fleet currently consists of 42 dry bulk vessels (2 Newcastlemax, 13 Capesize, 3 Post-Panamax, 4 Kamsarmax and 20 Panamax).


2024 March 5

13:12 Jan De Nul extends connectivity contract with Castor Marine for full fleet
12:53 LR and NPL lead maritime autonomy workshop in Japan
12:26 MOL and TLT sign long-term charter deal for newbuilding LNG carrier
11:42 Wartsila collaborates with leading naval engineering firm to reduce port emissions across North America
10:45 Singapore and Australia formalise collaboration to establish Green and Digital Shipping Corridor
10:29 Samsung Heavy Industries wins US$149 million order for 1 shuttle tanker
09:58 MAN Energy Solutions and China Classification Society expand dual-fuel methanol agreement

2024 March 4

18:07 CMB Euronav deal challenged in Belgium
17:30 The Port of Virginia opens wider channel
17:13 German container ports' hinterland rail freight grows
16:47 CMA CGM partners with Nike to reduce the carbon footprint
16:14 CMA CGM and Shanghai International Port sign TSA extension
15:46 bound4blue completes eSAILs installation on Airbus-chartered LDA vessel
14:45 Samskip begins construction phase of its next – generation zero-emission short sea container vessel
14:15 Veer to select a shipyard to construct first 100% zero-emission ocean container ship
13:22 Diamond Offshore Drilling signs contract extension with a subsidiary of bp in the U.S. Gulf of Mexico for the Ocean BlackHornet
12:38 Yara and ACME sign a binding agreement for supply of green ammonia
12:13 Global schedule reliability drops 5.1% in January 2024
11:42 MOL Chemical Tankers сompletes acquisition of Fairfield Chemical Carriers
11:03 Nautical SUNRISE Project to facilitate R&D of the largest Offshore Floating Solar power plant in the world
10:24 Topsoe reports record financial results for 2023

2024 March 3

15:33 Yara and ACME signed a binding agreement for supply of green ammonia
14:16 KfW IPEX-Bank finances Duisburg Gateway Terminal
12:27 Greece and Germany enhance cooperation in shipping sector
10:08 Panama Canal generates $3,630 million for the country's economy while government dithers

2024 March 2

15:29 SolarDuck and its two partners ink collaboration agreement for a grid-scale offshore hybrid wind-solar project in Italy
13:41 Port of LA awards $1.5M in community investment grants for FY2023/24
11:18 Canadian Coast Guard issues fine for a hazardous vessel
09:37 IAA PortNews’ top headlines, Week 09

2024 March 1

18:00 Altera Infrastructure announces strategic divestment of ALP Maritime Services
17:31 Yangzijiang Shipbuilding books $7.1 billion of newbuilds in 2023
17:14 Sanmar starts construction of the world’s first methanol-fuelled escort tugs
16:41 The Green Award welcomes 8 New Japanese ports
16:05 HAV Group signs contract for design of Lavik-Oppedal ferries
15:52 KOTUG acquires joint venture interest in Kotug Seabulk Maritime
15:14 Equinor's Empire Wind 1 and Orsted's Sunrise Wind secure contracts in New York’s offshore wind projects
14:23 Fujairah bunker sales rise to five-month high in January 2024
13:51 Russia exported more than 700,000 metric tons of oil products from the Black Sea port of Novorossiisk in 2023 using small river barges
13:24 APM Terminals announces maiden call of Nordics only direct service to South America
12:56 Hapag-Lloyd increases rates from North Europe to India, Pakistan, Red Sea and Arabian Gulf
12:21 Ankara’s Port Başkent OIZ Eti Logistics Ankara Intermodal Terminal starts operations
11:42 European Commission makes €1bn available for recharging and refuelling points
11:17 ABB to supply Sea Change shore power connection at Portsmouth’s port
10:41 Karish North and second gas export riser online and new GSPA signed
09:48 MAN Energy Solutions opens up service hub in Singapore

2024 February 29

18:02 Gentari partners with SEDC Energy for Sarawak H2 hub
17:35 Port of Tanjung Pelepas inks purchase agreement for 6 ULCV quay cranes
17:12 BV research confirms central role of operational and energy efficiency in meeting shipping’s 2050 carbon budget
16:42 President Vladimir Putin encourages foreign companies to actively use the opportunities of the NSR
16:14 MABUX: Bunker Weekly Outlook, Week 09, 2024
15:56 President Putin calls for upgrading the country’s inland waterways core infrastructure
15:24 The Bollore Group and the CMA CGM Group announce the successful sale of Bollore Logistics to CMA CGM
14:41 CMA CGM resumes operations in the Red Sea
14:09 TotalEnergies to supply Sembcorp with 0.8 Mtpa of LNG for 16 years
13:44 MOL and Idemitsu Kosan to launch demonstration test of recycling used plastics generated aboard VLCC
13:22 Six Arctic expeditions on the 50 Let Pobedy nuclear icebreaker planned for 2024
13:15 NYK Group acquires UK-based delivery platform business for e-commerce operators
13:07 President Vladimir Putin: Russia intends to build effective logistics corridors with friendly countries
12:51 TECO 2030 and Umoe Mandal receives preliminary approval for high-speed vessel design
12:14 ClassNK has awarded AiP for the design of a multi-functional floating offshore windfarm support vessel
11:30 Port Houston container volumes up 4% to 332,961 TEUs in Jan 2024
11:10 Swedbank adopts Poseidon Principles for carbon footprint reporting of shipping portfolio
10:42 Authorities give Conoco Phillips permission to launch Eldfisk nord in the North Sea
10:24 LNG dual-fuel BYD Explorer No.1 visits Bremerhaven for the first time
09:47 DeepOcean to inspect pipelines for Equinor

2024 February 28

18:07 Fratelli Cosulich takes delivery of second LNG bunkering vessel
17:44 Idemitsu, Mitsubishi and Proman join forces to develop a clean ammonia project in the United States
17:13 CULines and IAL to launch a new South China – Vietnam – Thailand service SCT2 in March
16:47 Saudi container line Folk Maritime launched
16:25 China's shipbuilding industry grows in 2023 under US sanctions