Diana Containerships Sells Panamax Ship

 

Diana Containerships Inc. today announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to sell to an unaffiliated third party the 2001-built vessel m/v Cap Domingo, with delivery due to the buyer by mid-March 2016, for a gross sale price of $24,250,000.

 

The closing of this transaction is subject to buyer’s board of directors’ approval not later than September 4, 2015.

 

Upon completion of the sale, Diana Containerships’ fleet will consist of 12 container vessels, including four Post-Panamax and eight Panamax ships.