Diamond s shipping reports q3 loss per share of $0.65
Reports third quarter 2019 results.q3 loss per share $0.65.q3 earnings per share estimate $-0.12 -- refinitiv ibes data.market conditions remained relatively soft in q3.q4 earnings thus far have improved compared to q3, particularly for crude fleet.temporary sanctions impacting large number of vessels led to spike in rates for available ships in market.qtrly voyage revenue $141.5 million versus $88.1 million.looking forward, co anticipates further disruptions that co expect to impact available tanker supply.as of november 8, about 62% of crude fleet revenue days have been fixed at $43,000 per day.diamond s shipping - orderbook across all tanker segments is at relatively low levels.diamond s shipping - demand outlook is constructive as oil production is increasing in areas distant from areas with increasing oil demand.diamond s shipping - effects on tanker supply include disruptions related to implementation of new limits of sulfur emissions starting jan 1, 2020.diamond s shipping - effects on tanker supply include disruptions related to potential disruptions related to exogenous geopolitical events.q3 revenue view $133.4 million -- refinitiv ibes data.
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