Diana Containerships fixes on period charter m/v Pamina with ZIM

Chartering, Container shipping, Containers, Markets, News, Stock Markets — By on May 5, 2015 at 10:23 PM

Diana Shipping officesDIANA CONTAINERSHIPS INC. ANNOUNCES TIME CHARTER CONTRACT FOR M/V PAMINA WITH ZIM        

ATHENS, GREECE, May 5, 2015 – Diana Containerships Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of containerships, today announced that, through a separate wholly-owned subsidiary, it entered into a time charter contract with Zim Integrated Shipping Services Ltd, for one of its Panamax container vessels, the m/v Pamina (ex “Santa Pamina”). The gross charter rate is US$15, 325 per day, minus a 4% commission paid to third parties, for a period of minimum ten (10) months to maximum twelve (12) months. The charter is expected to commence by the end of May 2015.

Diana Containerships Inc.’s fleet currently consists of 13 container vessels (4 Post-Panamax and 9 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.

About the Company

Diana Containerships Inc. is a leading global provider of shipping transportation services through its ownership of containerships. The Company’s vessels are employed primarily on time charters with leading liner companies carrying containerized cargo along worldwide shipping routes.

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