Diana Containerships Inc. Reports Financial Results for the First Quarter Ended March 31, 2017

Company Profiles, News, Statistics, Stock Markets — By on May 22, 2017 at 1:52 PM

ATHENS, GREECE, May 22, 2017 – Diana Containerships Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of containerships, today reported a net loss of $7.4 million for the first quarter of 2017, compared to a net loss of $5.8 million for the respective period of 2016.

Time charter revenues, net of prepaid charter revenue amortization, were $3.8 million for the first quarter of 2017, compared to $11.8 million for the same period of 2016, mainly due to reduced employment opportunities and time charter rates.

Viewers can log herebelow and read the full financial results for the Q1 Ended March 31, 2017: DCI_Earnings_Release_310317

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