Diana Containerships Inc. Announces Date for Its 2013 Annual Meeting of Shareholders and Deadline for Submitting Shareholder

Diana Containerships Inc. Announces Date for Its 2013 Annual Meeting of
Shareholders and Deadline for Submitting Shareholder Proposals

ATHENS, Greece, March 21, 2013 (GLOBE NEWSWIRE) -- Diana Containerships Inc.
(Nasdaq:DCIX), a global shipping company specializing in owning and operating
containerships, announced today that its Board of Directors (the "Board") has
scheduled the Company's Annual Meeting of Shareholders (the "Meeting") for May
15, 2013. The Board has set a record date for the Meeting of April 1,
2013.Since the Meeting will occur more than 30 days prior to the anniversary
of the Company's prior Annual Meeting of Shareholders held on July 30, 2012,
the Board has set a new deadline for the receipt of shareholder proposals a
reasonable time before the Company will begin to print and send its proxy
materials.For business to be properly brought before the Meeting by any
shareholder, and for a nomination of directors to be made by a shareholder,
notice must be received by the Company in proper written form, in accordance
with the Company's Amended and Restated Bylaws, no later than April 4, 2013.

About the Company

Diana Containerships Inc. is a Marshall Islands corporation founded in 2010 to
own and operate containerships and pursue containership acquisition
opportunities. Diana Containerships Inc. intends to continue to capitalize on
investment opportunities by purchasing additional containerships in the
secondhand market, from other companies, shipyards and lending institutions,
and may also enter into newbuilding contracts with shipyards for new
containerships.

CONTACT: Corporate Contact:
         Ioannis Zafirakis
         Director, Chief Operating Officer and Secretary
         Telephone: +30-216-600-2400
         Email: izafirakis@dcontainerships.com
         Website: www.dcontainerships.com
        
         Investor and Media Relations:
         Edward Nebb
         Comm-Counsellors, LLC
         Telephone: + 1-203-972-8350
         Email: enebb@optonline.net