Diana Shipping doubles loss with container venture

Diana Shipping saw its losses grow in 2016 as the carrier ventured an investment in a sister company in the container segment. The carrier's need to raise fresh equity is less acute than previously, notes JP Morgan.

by LOUISE VOGDRUP-SCHMIDT

Dry bulk carrier Diana Shipping invested in sister company Diana Containerships in 2016, and this decision is reflected in the annual report.

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Bulk carriers kick off 2017 with share price leaps
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Dry bulk carriers' aggregate loss exceeds USD 1 billion
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Diana Shipping calls off debt negotiations in spite of deficit
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