Sale of Diana Containership Falls Through

 

Diana Containerships Inc., a global shipping company specializing in the ownership of containerships, today reported that the previously announced sale of the 2001-built Panamax container vessel “Cap Domingo” will not proceed. As announced on July 28, 2015, the closing of the sale of the vessel was subject to approval by the buyer’s Board of Directors, not later than September 4, 2015. The Company was officially informed on September 4, 2015 that the buyer was not able to obtain its Board of Directors’ approval.

The “Cap Domingo” is currently chartered at a gross charter rate of US$9,900 per day, minus a 3.75% commission paid to third parties, to Rudolf A. Oetker KG for a period of up to minimum December 24, 2015 to maximum March 8, 2016.

Diana Containerships Inc.’s fleet currently consists of 13 container vessels (4 Post-Panamax and 9 Panamax). The Company also expects to take delivery of two Post-Panamax container vessels, the first by mid-September 2015 and the other by the end of November 2015.