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Diana Containerships Inc. Announces Results Of 2014 Annual Meeting Of Shareholders

ATHENS, Greece, May 12, 2014 (GLOBE NEWSWIRE) -- Diana Containerships Inc. (Nasdaq:DCIX), (the "Company"), a global shipping company specializing in the ownership of containerships, announced today that the Company's Annual Meeting of Shareholders was duly held on May 7, 2014, in Geneva, Switzerland pursuant to a Notice of Annual Meeting of Shareholders dated April 1, 2014. Broadridge Financial Solutions, Inc. acted as inspector of the Meeting.

At the Meeting, each of the following proposals, which are set forth in more detail in the Notice of Annual Meeting of Shareholders and the Company's Proxy Statement sent to shareholders on or around April 1, 2014, were approved and adopted: 

(1) The re-election of Ioannis Zafirakis and Antonios Karavias as Class I Directors of the Company, to serve until the 2017 Annual Meeting of Shareholders; and

(2) The appointment of Ernst & Young (Hellas) as the Company's independent auditors for the fiscal year ending December 31, 2014.

About the Company

Diana Containerships Inc. is a leading global provider of shipping transportation services through its ownership of containerships. The Company's vessels are employed primarily on time charters with leading liner companies carrying containerized cargo along worldwide shipping routes.

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

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