Diana Containerships Inc. Announces the Reactivation and the Time Charter Contract for m/v Pucon With OOCL


 (GLOBE NEWSWIRE) — Diana Containerships Inc. a global shipping company specializing in the ownership of containerships, today announced that it plans to reactivate one of its Post-Panamax container vessels, the m/v Pucon. The company also announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Orient Overseas Container Line Ltd., Hong Kong, for the m/v Pucon. The gross charter rate is US$10,750 per day, minus a 3.75% commission paid to third parties, for a period of thirteen (13) months, plus or minus thirty (30) days. The charter is expected to commence on April 27, 2017.

The “Pucon” is a 6,541 TEU container vessel built in 2006.

This employment is anticipated to generate approximately US$3.87 million of gross revenue for the minimum scheduled period of the time charter.

Diana Containerships Inc.’s fleet currently consists of 12 container vessels (6 Post-Panamax and 6 Panamax). 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.