Diamond S Shipping Inc. (NYSE: DSSI) ("Diamond S" or the "Company") announced that the four crew members who had been kidnapped from one of its product tanker vessels, the Agisilaos, on November 29, 2020 were released yesterday, January 6, 2021. All four crew members are safe and will undergo further medical examinations today. Diamond S would like to thank all those involved in securing their release. Due to the sensitive nature of the incident, Diamond S will provide no further updates on this...

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What are Value Stocks? A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labeled as a value stock.The following stocks are considered to be notable value stocks in the energy sector: 1. PBF Logistics (NYSE: PBFX) - P/E: 4.13 2. China Petroleum & Chem (NYSE: SNP) - P/E: 9.81 3. Diamond S Shipping (NYSE: DSSI) - ...

Diamond S Shipping Inc. (NYSE: DSSI) ("Diamond S" or the "Company") announced the receipt of an incident report involving a kidnapping on one of its product tanker vessels, the Agisilaos, as it was approaching the port of Lome, Togo on November 29, 2020.  The vessel is managed and crewed by Capital Ship Management Corp. (‘Capital’) who informed Diamond S about the kidnapping of four crew members. The Company confirms that there were 22 seafarers aboard when the attack occurred.  There have been ...

The oil tanker industry is in ‘cash burn mode’ as fuel demand continues to falter, and the road to recovery may wind up being longer than expected

China’s participation in the G20’s debt-service relief plan for vulnerable countries is central to multilateral efforts but risks storing up medium-term debt distress for beneficiary countries in Africa for whom China is the single largest creditor.

It is now my pleasure to hand the conference over to the speakers today at Diamond S Shipping, Craig Stevenson, Jr., Chief Executive Officer. Before we begin the call, we'd like to draw your attention to our forward-looking statement disclaimer. Here we have our operating performance.

China's participation in a debt relief scheme for the world's poorest countries will give African governments short-run fiscal space but needs revising to ensure it doesn't accentuate medium-term debt distress, Scope Ratings said on Monday. G20 leaders are this week likely to give their stamp of approval to a common framework for dealing with the Debt Service Suspension Initiative (DSSI), which is expected to bring major creditors such as China into the process. China has become Africa's singl...

Diamond S Shipping (DSSI) delivered earnings and revenue surprises of -26.32% and -12.12%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Shares of Diamond S Shipping (NYSE:DSSI) decreased 0.2% after the company reported Q3 results.Quarterly Results Earnings per share decreased 26.32% over the past year to ($0.24), which missed the estimate of ($0.21).Revenue of $112,597,000 declined by 20.44% from the same period last year, which beat the estimate of $109,580,000.Looking Ahead Diamond S Shipping hasn't issued any earnings guidance for the time being.Revenue guidance hasn't been issued by the company for now.Details Of The Call Da...