Diana Containerships Inc. Announces the Sale of a Panamax Container vessel MV Angeles

By Vessels

Diana Containerships Inc. (NASDAQ: DCIX), a global shipping company specializing in the ownership of containerships, announced that it has signed yesterday, through a separate wholly-owned subsidiary, a Memorandum of Agreement to sell to an unaffiliated third party the 2006-built vessel Angeles (formerly “YM Los Angeles”) for demolition, with delivery due to the buyer by mid-November 2016, for a sale price of approximately US$6.69 million before commissions.

Diana Containerships Inc. Announces the Sale of a Panamax Container vessel MV Angeles
Container ship Angeles - Image courtesy: mgklingsick

Upon completion of the aforementioned sale, Diana Containerships Inc.’s fleet will consist of 12 container vessels (6 Post-Panamax and 6 Panamax).

Source: Diana Containerships Inc.