Diana Containerships: Q1 revenue more than doubles

Performance Shipping

09/05/2018 14:26

** Dry bulk shipper's shares  DCIX.O  jump 64 pct to $2.70,
top advancer across U.S. exchanges in heavy premarket trade  
    ** DCIX trading with 20 pct of their free float volume in
premarket, as per TR data 
    ** Q1 revenue more than doubles to $8 mln from a year ago,
also posts a smaller YoY loss  urn:newsml:reuters.com:*:nGNXccGbRw 
    ** Increase was mainly due to higher revenue from improved
fleet utilization and increased time charter rates
    ** If gains hold, DCIX shares set to more than erase YTD
losses of 59.6 pct  

 (Reporting by Shreyashi Sanyal in Bengaluru)
 ((RM: Shreyashi.Sanyal.thomsonreuters.com@reuters.net))