Diana Containerships Inc. (NASDAQ: DCIX), a global shipping company specializing in the ownership of containerships, today announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to sell to an unaffiliated third party the 2006-built vessel New Jersey for demolition, on an “as is where is” basis, with delivery due to the buyer by mid-March 2018, for approximately US$9.67 million.

Diana Containerships Inc. Announces the Sale of a Panamax Container Vessel, the mv New Jersey
Caption: Containership New Jersey (ex YM New Jersey) - Image courtesy of Mgklingsick

Upon completion of the aforementioned sale and the previously announced sale of two Post-Panamax container vessels, Diana Containerships Inc.’s fleet will consist of 8 container vessels (4 Post-Panamax and 4 Panamax).

Source: Diana Containerships