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Diana Containerships Buy 'Hanjin Malta'

Maritime Activity Reports, Inc.

March 21, 2013

'Hanjin Malta': Photo credit Diana Containerships

'Hanjin Malta': Photo credit Diana Containerships

Diana Containerships Inc. has taken delivery of the m/v “Hanjin Malta”, a 1993-built Panamax container vessel of 4,024 TEU capacity.

The Hanjin Malta is time chartered to Hanjin Shipping Co. Ltd., Seoul, for a period of minimum thirty-six and a half months to maximum thirty-eight months at a gross rate of US$25,550 per day less US$150.00 per day commission paid to third parties.

The employment of the vessel is anticipated to generate approximately US$27.98 million of gross revenues for the minimum agreed period of the charter.

Including the newly delivered m/v “Hanjin Malta”, Diana Containerships Inc.’s fleet currently consists of 11 Panamax container vessels. The company is a Marshall Islands corporation founded in 2010 to own and operate containerships and pursue containership acquisition opportunities.

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