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Stock Market & Financial Investment News

News Breaks
February 19, 2013
07:53 EDTDCIXDiana Containerships reports Q4 EPS 1c, consensus 4c
Reports Q4 revenue $14.63M, consensus $14.86M.
News For DCIX From The Last 14 Days
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November 10, 2014
10:21 EDTDCIXDiana Containerships announces agreement to acquire Panamax container vessel
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08:54 EDTDCIXDiana Containerships agrees to acquire Post-Panamax container vessel for $15.95M
Diana Containerships announced that on November 5, it signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to purchase from an unaffiliated third party a 2005-built Post-Panamax container vessel of approximately 5,000 TEU capacity, the m/v "Santa Pamina," for a purchase price of $15.95M. The vessel is expected to be delivered to the Company from the sellers by the end of November. The vessel is chartered to The Shipping Corporation of India Ltd. at a gross charter rate of $9,500 per day minus a 5% commission paid to third parties, for a period ending on minimum March 16, 2015 to maximum May 15, 2015. The closing of this transaction is subject to the signing of a novation agreement to the time charter mentioned above. Should such novation agreement not be executed by the end of November, the sellers will deliver the vessel to the company after the expiration of the time charter, between March 16, 2015 and May 20, 2015.

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