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Diana Sells Containership New Jersey

Maritime Activity Reports, Inc.

February 13, 2018

Diana Containerships Inc. (NASDAQ: DCIX) announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to sell to an unaffiliated third party the 2006-built vessel “New Jersey” for demolition, on an “as is where is” basis, with delivery due to the buyer by mid-March 2018, for approximately $9.67m.

Upon completion of the aforementioned sale and the previously announced sale of two Post-Panamax container vessels, Diana Containerships Inc.’s fleet will consist of eight container vessels (four Post-Panamax and four Panamax). 

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