Diana Containerships Vessel Sold for Scrapping

Diana Containerships Inc., a global shipping company specializing in the ownership of containerships, announced that it has signed, through a separate wholly-owned subsidiary, a memorandum of agreement to sell to an unaffiliated third party the 1995-built vessel APL Sardonyx (to be renamed Sardonyx) for demolition, with delivery due to the buyers by the end of February, 2014, for a sale price of approximately $10 million (USD) before commissions.

Diana Containerships took delivery of the approximately 4,750 TEU APL Sardonyx on February 17, 2012.

Upon completion of the aforementioned sale, Diana Containerships Inc.’s fleet will consist of eight container vessels (two Post-Panamax and six Panamax).

dcontainerships.com