Businessweek

Diana Containerships Inc., Q1 2013 Earnings Call, May 21, 2013

Diana Containerships Inc. announced that they will report Q1, 2013 results at 9:00 AM, GTB Standard Time on May 21, 2013

Diana Containerships Inc. announced that it signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to sell to an unaffiliated third party the 1989-built vessel Maersk Madrid for demolition, with delivery due to the buyers by mid-May 2013, for a sale price of approximately USD 8.8 million before commissions. Upon completion of the sale of m/v Maersk Madrid, the company's fleet will consist of 10 Panamax container vessels.

Diana Containerships Inc., Annual General Meeting, May 15, 2013., at 12:00 E. Europe Standard Time. Location: the Ciragan Palace Kempinski, Ciragan Caddesi 32. Agenda: To elect three class III directors to serve until the 2016 annual meeting of shareholders; to approve the appointment of Ernst & Young (Hellas) as the company's independent auditors for the fiscal year ending December 31, 2013; and to transact other such business as may properly come before the Meeting or any adjournment thereof.

Diana Containerships Inc. announced that on March 15, 2013 the company, through a separate wholly-owned subsidiary, has taken delivery of the m/v "Hanjin Malta," a 1993-built Panamax container vessel of 4,024 TEU capacity that the company entered into an agreement to purchase in February 2013. The Hanjin Malta is time chartered to Hanjin Shipping Co. Ltd., Seoul, for a period of minimum thirty-six and a half (36.5) months to maximum thirty-eight (38) months at a gross rate of $25,550 per day less $150.00 per day commission paid to third parties. The employment of the vessel is anticipated to generate approximately $27.98 million of gross revenues for the minimum agreed period of the charter.