Diana Containerships posts profit on expanded fleet

The company entered into the contract with French family-owned shipper CMA CGM SA for one of its container vessels at a daily rate of $7,500 per day. The vessel – Centaurus – was previously chartered at a gross rate of $20,000 per day.

Diana's April-June net income was $2.24 million, or 10 cents per share, compared with net loss of $646,000, or 6 cents per share a year earlier.

Time charter equivalent revenue – voyage revenue less expenses – more than tripled to $14.9 million.