Bulk

Weak TC rates drag Diana into the red

Lower time charter rates had a significant impact on Greek dry bulk carrier Diana Shipping in 2013, as the company suffered a USD 21 million deficit, compared to a USD 54.5 million profit in 2012.
Photo: Stena Bulk
Photo: Stena Bulk
BY KATRINE GRØNVALD RAUN

Greek dry bulk carrier Diana Shipping was hit hard by the low time charter rates in the dry bulk segment last year, according to the company's annual report 2013.

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