The Greek Diana Containerships Inc., Nasdaq-listed global shipping company specializing in the ownership of containerships, has 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 Cap Domingo, with delivery due to the buyer by mid-March 2016, for a gross sale price of US$ 24,250,000.

Diana Containerships Sells Panamax container vessel Cap Domingo

Image: Manuel Hernández Lafuente

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

The 3,739 TEU vessel is currently on a charter with German tramp shipping company Rudolf A. Oetker KG, a subsidiary of Hamburg Süd, until March 8, 2016.

Image: DS Tweedie

Cap Domingo (ex Cap San Marco) was built in Geoje Shipyard by Samsung Heavy Industries in South Korea.

After the sale, Diana’s fleet will consist of twelve boxships, 4 Post-Panamax and 8 Panamax, ranging from 3,426 TEUs to 6,541 TEUs in capacity.