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Diana Containerships Announces Sale of Two Panamax Vessels

Diana Containerships Announces Sale of Two Panamax Vessels
The Company expects the Vessels to be delivered to the buyer at the latest by April 27, 2018.

Diana Containerships Inc. on Saturday 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 USD 12.3 million each.

The Company expects the Vessels to be delivered to the buyer at the 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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