Diana Containerships Announces Sale of Post-Panamax Container Vessel

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(Image Courtesy: VesselFinder)

Diana Containerships has announced a Memorandum of Agreement to sell to an unaffiliated third party the 2009-built vessel “Hamburg”, with delivery to the buyer latest by July 31, 2018, for a sale price of USD 21.0 million before commissions.

Net proceeds from the sale of the vessel are expected to be used by the Company to prepay part of the existing indebtedness. Upon completion of the aforementioned sale, Diana Containerships fleet will consist of 5 container vessels (3 Post-Panamax and 2 Panamax).

Sea News, May 18