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Diana Containerships Inc. Announces Time Charter Contract For M/V Rotterdam With Wan Hai Lines

Marine Insight reports that Diana Containerships Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of containerships, announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Wan Hai Lines (Singapore) Pte Ltd. for one of its Post-Panamax container vessels, the m/v Rotterdam. The gross charter rate is US$13,150 per day, minus a 3.75% commission paid to third parties, for a period of minimum one hundred twenty (120) days to maximum one hundred seventy (170) days. The charter is expected to commence on January 26, 2018. The m/v Rotterdam is currently chartered, as previously announced, to CMA CGM, Marseille, at a gross charter rate of US$6,890 per day, minus a 3.5% commission paid to third parties.

Rotterdam Joins Diana’s Fleet

Diana Containerships Inc. stated that yesterday, through a separate wholly-owned subsidiary, it took delivery of the m/v Rotterdam. As previously announced, “Rotterdam” is a 2008-built Post-Panamax container vessel of approximately 6,500 TEU capacity that the Company entered into an agreement to purchase on July 29, 2015. Including the newly delivered “Rotterdam”, Diana Containerships Inc.’s fleet currently consists of 14 container vessels (5 Post-Panamax and 9 Panamax). The Company also expects to take delivery of one Post-Panamax container vessel by the end of November 2015. http://www.marinelink.com/news/rotterdam-dianas-joins397759.aspx