Diana Containerships (DCIX) Tops Q2 EPS by 1c

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Diana Containerships Inc. Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2015

July 30, 2015 8:30 AM EDT

ATHENS, Greece, July 30, 2015 (GLOBE NEWSWIRE) -- Diana Containerships Inc. (NASDAQ: DCIX), (the "Company"), a global shipping company specializing in the ownership of containerships, today reported net income of $0.9 million for the second quarter of 2015, compared to net income of $0.6 million for the respective period of 2014.

Time charter revenues, net of prepaid charter revenue amortization, were $17.3 million for the second quarter of 2015, compared to $12.5 million for the same period of 2014, mainly due to the enlargement of our fleet, resulting from the acquisition of five vessels from September 2014 to April 2015, partly offset by... More

Diana Containerships Inc. Announces Agreement to Acquire Two Post-Panamax Container Vessels

July 30, 2015 7:50 AM EDT

ATHENS, Greece, July 30, 2015 (GLOBE NEWSWIRE) -- Diana Containerships Inc. (NASDAQ: DCIX), (the "Company"), a global shipping company specializing in the ownership of containerships, today announced that yesterday it signed, through two separate wholly-owned subsidiaries, two Memoranda of Agreement to purchase from an unaffiliated third party two Post-Panamax container vessels, the m/v Rotterdam and the m/v Hamburg.

The "Rotterdam" is a 2008-built vessel of approximately 6,500 TEU capacity and the purchase price is US$37.5 million. The m/v Rotterdam is expected to be delivered to the Company by mid-September 2015.   

The "Hamburg" is a... More