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Dry bulk operator Diana Shipping books first profit in two years

In the second quarter of 2021, shipowner Diana Shipping with a fleet of 37 dry bulk vessels booked its first profit in two years.

Photo: Modelfoto/Colourbox

On the back of a strong dry bulk market, characterized by higher time charter rates than last year, shipowner Diana Shipping has booked the first profit in two years in the second quarter of 2021, according to its earnings report.

The shipowner, which comprises a fleet of 37 dry bulk vessels, has booked a profit of USD 2.8 million in the second quarter against a deficit of USD 10.8 million in the same period last year.

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