Independent journal on economy and transport policy
04:42 GMT+1
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Still a trimester in loss for the Greek Diana Containerships
In the period July-september the revenues Time base charter are diminished of -25,0%
November 17, 2017
Society shipowning Greek Diana Containerships, that it has a fleet of 11 portacontainer with a total cargo ability pairs to 51.284 teu that mail rental near other companies are, has archived item the third trimester of the 2017 with revenues Time base charter pairs to 6,7 million dollars, with a bending of the -25,0% regarding 9,0 million dollars in the same period last year. The reduction of the volume of transactions is attributable mainly to the sale of the ship Angeles City in November 2016 and the Doukato ship last June. Operating result and result clearly have been both of sign negative and pairs respective to -3,7 million and -8,7 million dollars against results they also of sign negative for -125,0 million and -126,8 million dollars in the third trimester of 2016, turned out - these last ones - that they include burdens for -118,9 million dollars determined from the reduction of the value of seven ships.
In the first nine months of this year the revenues Time base charter have recorded a decrease of the -49,1% attesting to 16,0 million dollars regarding 31,4 million dollars in the period January-september of 2016. The operating result has been of sign negative for -12,9 million dollars respect to an operating result of sign negative for -135,4 million dollars in the first nine months last year. Diana Containerships has closed the period with a profit clearly of 20,4 million dollars, result that benefits at the end of the effect of the cancellation of bank debits for 42,2 million dollars enrolled of according to trimester, respect to a net loss of -140,5 million dollars in the first nine months of 2016.
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