Diana Containerships Wraps Up Sale of Puelo

Illustration. Image Courtesy: Pixabay under CC0 Creative Commons license

Greek boxship owner Diana Containerships has completed the sale of one of its Post-Panamax vessels, the m/v Puelo.

The 6,541 TEU ship has been delivered to its new owner, Diana said.

Although Diana has not disclosed the name of the buyer, VesselsValue’s data shows that the ship was sold for USD 20.5 million to Japanese shipping company MOL in May this year.

After the delivery of the 2006-built vessel, the company intends to prepay approximately USD 19.4 million of its existing indebtedness, after which the outstanding indebtedness will be approximately USD 19.5 million. That amount is expected to be settled upon completion of the previously announced sale of the m/v Hamburg, latest by July 31, 2018, according to Diana.

Upon completion of the sale of m/v Hamburg, Diana Containerships’ fleet will consist of four container vessels — two Post-Panamaxes and two Panamaxes.

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