Diana Containerships Inc. engages in the seaborne transportation industry through the ownership of containerships. The company operates its fleet through Unitized Ocean Transport Limited, a wholly-owned subsidiary. As at December 31, 2015, the company's fleet consisted of eight panamax and six post-panamax containerships with a combined carrying capacity of 70,464 foot equivalent unit and a weighted average age of 10.3 years. Business Strategy The key elements of the company's strategy are to acquire high quality containerships throughout the shipping cycle, and strategically deploy its vessels in order to optimize the opportunities in the time charter market. Customers The company’s customers include national, regional, and international companies, such as Maersk Line A/S, CMA CGM, Zim Integrated Shipping Services Ltd, Rudolf A. Oetker KG, Hapag Lloyd AG, MSC Mediterranean Shipping Co S.A, Geneva, and Yang Ming (UK, G) Ltd. During 2015, five of its charterers accounted for 83% of its revenues, Yang Ming (UK) Ltd (25%), Maersk Line A/S (11%), Reederei Santa Containerschiffe/Rudolf A. Oetker KG (10%), CSAV Valparaiso/Hapag Lloyd A.G Hamburg (24%) and Hanjin Shipping Co. Ltd (13%). Environmental and Other Regulations The company’s operations are subject to environmental standards and requirements contained in the International Safety Management Code for the Safe Operation of Ships and for Pollution Prevention promulgated by the International Maritime Organization under Safety of Life at Sea. History Diana Containerships Inc. was founded in 2010. The company was incorporated under the laws of the Republic of the Marshall Islands in 2010.
diana containerships inc
Athens, 175 64
Phone: 30 216 60 02 400
Fax: 30 216 60 02 599www.dcontainerships.com
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