Diana Containerships Inc. (NASDAQ: DCIX), a global shipping company specializing in the ownership of containerships, announced that today it has completed the previously announced sale of one of its Post-Panamax container vessels, the m/v Puelo, with the delivery of the vessel to her new owners.

Diana Containerships Inc. Announces Completion of Sale of a Post-Panamax Container Vessel and Delivery to Her New Owners
Caption: Containership Puelo - Image courtesy of Ed Cooke

After the delivery of the vessel, the Company will prepay approximately US$19.4 million of its existing indebtedness, after which the outstanding indebtedness will be approximately US$19.5 million. That amount is expected to be fully and finally settled upon completion of the previously announced sale of a Post-Panamax container vessel, the m/v Hamburg, latest by July 31, 2018.

Upon completion of the sale of m/v Hamburg, Diana Containerships Inc.’s fleet will consist of 4 container vessels (2 Post-Panamax and 2 Panamax).

Source: Diana Containerships