Diana Containerships Inc. Announces the Sale of Two Panamax

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Diana Containerships Inc., a global shipping company specializing in the ownership of containerships, announced that it has signed, through two separate wholly-owned subsidiaries, two Memoranda of Agreement to sell to an unaffiliated third party the m/v Sagitta and the m/v Centaurus, each a 2010 built containership (the “Vessels”), for US$12.3 million each. The Company expects the Vessels to be delivered to the buyer latest by April 27, 2018.

Upon completion of the aforementioned sale and the previously announced sales of two Post-Panamax container vessels and one Panamax container vessel, Diana Containerships Inc.’s fleet will consist of 6 container vessels (4 Post-Panamax and 2 Panamax).

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Source: Diana Containerships Inc.