New York-listed DCIX today reported a net deficit of $0.7mfor the three months to 30 September down from a $1.6m profit in the same period of 2012.
Average time charter equivalent (TCE) rates dropped byaround 18% year-on-year to $14,022 daily from $17,198 per day.
Simeon Palios-led DCIX also suffered from the disposal of threeboxships in June but the effect was partly offset by the later addition of apair of vessels on sale-and-leaseback deals with Chile’s CSAV.
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