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Stock Market & Financial Investment News

News Breaks
February 5, 2013
12:00 EDTDCIXDiana Containerships falls 14.3%
Diana Containerships is down 14.3%, or 99c, to $5.93
News For DCIX From The Last 14 Days
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October 24, 2014
08:46 EDTDCIXDiana Containerships announces continuation of m/v Sagitta charter agreement
Diana Containerships announced that it has agreed to extend the present time charter contract with A.P. Møller-Maersk A/S, for its Panamax container vessel, the m/v Sagitta, for a period of minimum ten months to maximum twelve months. The gross charter rate is $7,825 per day, minus a 1.25% commission paid to third parties. The new charter period is expected to commence on November 14. The "Sagitta" is a 3,426 TEU container vessel built in 2010. This employment is anticipated to generate approximately $2.35M of gross revenue for the minimum scheduled period of the charter.
October 10, 2014
08:15 EDTDCIXDiana Containerships announces delivery of m/v YM Great
Diana Containerships announced that, through a separate wholly-owned subsidiary, it has taken delivery of the m/v "YM Great," a 2004-built Post-Panamax container vessel of 5,576 TEU capacity that the company entered into an agreement to purchase on August 7. As previously announced, the "YM Great" is chartered to Yang Ming, at a net charter rate of $12,000 per day. Based on the existing time charterparty and its addendum, the charterer has the option to redeliver the vessel at any time before, but not later than March 7, 2015.

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