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Athens, Greece - September 21, 2015 Diana Containerships Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of containerships, announced that it has signed today, through a separate wholly-owned subsidiary, a Memorandum of Agreement to sell to an unaffiliated third party the 1995-built vessel “Garnet” (formerly “APL Garnet”) for demolition, with delivery due to the buyer by the end of September 2015, for a sale price of approximately US$7.85 million before commissions. Upon completion of the aforementioned sale, Diana Containerships Inc.’s fleet will consist of 13 container vessels (5 Post-Panamax and 8 Panamax). The Company also expects to take delivery of one Post-Panamax container vessel by the end of November 2015. A table describing the current Diana Containerships Inc. fleet can be found on the Company’s website, www.dcontainerships.com. Information included on the Company’s website does not constitute a part of this press release. About the Company Diana Containerships Inc. is a global provider of shipping transportation services through its ownership of containerships. The Company’s vessels are employed primarily on time charters with leading liner companies carrying containerized cargo along worldwide shipping routes. Diana Containerships Inc. press release |