Diamond S Shipping Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2019. For the quarter, the company reported voyage revenue was $141,526,000 compared to $88,122,000 a year ago. Operating loss was $14,914,000 compared to operating loss of $13,417,000 a year ago. Net loss was $27,443,000 compared to $22,285,000 a year ago. Net loss per share – basic was $0.65 compared to $0.81 a year ago.

For the nine months, the company reported voyage revenue was $393,477,000 compared to $271,086,000 a year ago. Operating loss was $2,420,000 compared to $30,487,000 a year ago. Net loss was $36,840,000 compared to $56,341,000 a year ago. Net loss per share – basic was $0.99 compared to $2.04 a year ago.

Fourth quarter 2019 earnings thus far have improved compared to the third quarter, particularly for the Crude Fleet.