Diamond S Shipping is reporting robust fourth-quarter bookings for its suezmax fleet while lagging predictions for its medium-range (MR) product tankers.
The combination caused investment bank Jefferies to downgrade October-December earnings expectations for the Greenwich, Connecticut-based company, which is led by Craig H Stevenson Jr.
The fresh numbers come after Diamond S disappointed in its third-quarter results, turning in an adjusted loss of $18.9m,
