Jefferies Cuts Price Target on Diana Containerships (DCIX) as Fleet Utilization Holds EPS to a Miss

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Diana Containerships Inc. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2015

March 1, 2016 7:55 AM EST

ATHENS, Greece, March 01, 2016 (GLOBE NEWSWIRE) -- Diana Containerships Inc. (NASDAQ: DCIX), (the Company), a global shipping company specializing in the ownership of containerships, today reported a net loss of $8.8 million for the fourth quarter of 2015, compared to net income of $0.9 million for the respective period of 2014. The loss for the fourth quarter was mainly the result of $6.6 million of impairment charges of the vessel Hanjin Malta, without which the result for the fourth quarter of 2015 would have been a net loss of $2.2 million.

Time charter revenues, net of prepaid charter revenue... More

Diana Containerships Inc. Announces Results of 2016 Annual Meeting of Shareholders

February 29, 2016 8:30 AM EST

ATHENS, Greece, Feb. 29, 2016 (GLOBE NEWSWIRE) -- Diana Containerships Inc. (NASDAQ: DCIX), (the Company), a global shipping company specializing in the ownership of containerships, today announced that the Companys Annual Meeting of Shareholders (the Meeting) was duly held on February 24, 2016, in Limassol, Cyprus pursuant to a Notice of Annual Meeting of Shareholders dated January 15, 2016. Broadridge Financial Solutions, Inc. acted as inspector of the Meeting.

At the Meeting, each of the following... More