Diamond S Shipping Finalises Tanker Fleet Integration

Capt. John

Diamond S Shipping (DSS) reported a net loss of $1 mill and adjusted EBITDA of $30.3 mill, for the first quarter of this year, reports Tanker Operator.

Better tanker market conditions

The net loss, compares to a net loss of $13.7 mill in 1Q18. This primarily reflects an increase in revenues as a result of better tanker market conditions in both the crude and product tanker segments.

Only four days of the fully merged company, DSS and Capital Product Partners (CPP), are included in the financial...

http://mfame.guru/diamond-s-shipping-finalises-tanker-fleet-integration/

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