11/15
Announced earlier today
- Revenue of $62.1M
- Net income of $7.4M
- Fleet TCE avg of $15,891
- Div of 15c/sh maintained
Quite impressed with Diana’s TCE average. When initially scanning DSX’s rates for the Ultramax and Panamax, I was thinking more like a $14.5K avg. Probably the Cape category (Cape, Newcastlemax) end up bailing DSX out this quarter. Need to delve into those vessel stats.