Greek-based containership owner Diana Containerships widened its net loss in the first quarter of this year, reaching USD 7.4 million, compared to a net loss of USD 5.8 million seen in the respective period of 2016.
Time charter revenues, net of prepaid charter revenue amortization, were USD 3.8 million in the three-month period of 2017, compared to USD 11.8 million in 1Q 2016.
As disclosed, revenues dropped mainly due to reduced employment opportunities and time charter equivalent (TCE) rates.
