Diana Containerships Inc. a global shipping company specializing in owning and operating containerships, has announced that, through a separate wholly-owned subsidiary, it took delivery of the m/v Puelo, a 2006-built Post-Panamax container vessel of approximately 6,500 TEU capacity that the Company entered into an agreement to purchase on August 8, 2013.

As previously announced, the Puelo is chartered to Compania Sud Americana de Vapores S.A., Valparaiso, Chile, for a period of minimum eighteen months to maximum thirty months at a gross charter rate of US$27,900 per day less US$150.00 per day commission paid to third parties. In case the vessel is redelivered to the Company in any period between the earliest and the maximum redelivery period after delivery, then the charterers will pay a lump sum equivalent to US$6,000 per day to the owners for the outstanding period between the redelivery date and up to the 30 months.

The Company also announced that, through the same wholly-owned subsidiary, it has completed the drawdown of US$50 million under the previously announced loan agreement with Diana Shipping Inc.