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Diana Shipping Widens Loss as Revenue Rises

diana-shipping-widens-loss-as-revenue-rises-320x221.pngThe company’s net loss for the year ended December 31, 2017, amounted to USD 511.7 million, compared to a net loss of USD 164.2 million for the same period of 2016.

Diana Shipping’s time charter revenues for the year increased to USD 161.9 million from USD 114.3 million reported in the twelve months of 2016.

For the fourth quarter of 2017, the company saw a net loss of USD 436.9 million, including a USD 422.5 million impairment loss.

Accordingly, for the three months ended December 31, 2017, net loss adjusted for impairment, amounted to USD 14.5 million. For the fourth quarter of 2016, net loss amounted to USD 23.3 million.

Time charter revenues were at USD 48.9 million for the fourth quarter of 2017, compared to USD 28 million for the same quarter of 2016. The rise was mainly due to increased average time charter rates achieved for the company’s vessels during the quarter and increased revenues resulting from the enlargement of the fleet.

折叠式船用起重机_meitu_1.jpgFolding crane Knuckle Boom Crane Marine Crane Pedestal crane

OUCO Marine/Offshore 5T folding crane Knuckle Boom Crane Marine Crane Pedestal crane

The KB series, knuckle jib box boom pedestal crane, are a reliable for general cargo handling service and offshore use. On board various ship types and offshore units. Tailor made to your required specifications in different boom length and lifting capacities from 10mt to 2000mt for different sea state working conditions. All KB series cranes can be equipped with different accessories and class certified by all leading classification societies.


Advantages of this knuckle and telescopic boom crane pedestal crane:

Running smoothly.

Rates of speed can be changed. 

360 degrees continually rotary.

Both electro hydraulic and manual to control. 

Operate conveniently. 

Safety and reliability.


Typical Applications: Service cranes, Provision and cargo handling cranes, Fishing and fish farming cranes


Options

  • Remote control

  • Operator’s cabin

  • Lifting of personnel – man-riding

  • External hydraulic power packs

  • Anti-collision system

  • Active Heave Compensation (AHC)

  • Passive Heave Compensation(PHC)

  • Design according to rules and regulations API 2C.

  • Class Societies like ABS, CCS, DNV, LR, RMRS, etc.

  • Diesel hydraulic drive