Diana Containerships is buying two Panamax containerships under a purchase and leaseback agreement signed Tuesday with APL.
The NYSE-listed Diana Containerships is buying the two ships, the APL Sardonyx and the APL Spinel, for $30 million apiece, and will immediately lease them back to APL for two years. The Athens-based charter shipowner will take delivery of the two ships in the first quarter.
The purchase of these two ships will bring Diana’s fleet of second-hand containerships to 10. The company acquired two second-hand containerships from a German KG partnership in December.
Each of the two vessels is chartered to APL (Bermuda) or to a guaranteed nominee or to another entity of Neptune Orient Lines, the Singapore liner’s parent company, for a period of minimum 24 months plus or minus 45 days at a daily rate of $24,750.
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