ATHENS, Greece, March 19, 2012 /PRNewswire/ -- Box Ships Inc. (NYSE: TEU) ("the Company"), a global shipping company specializing in the transportation of containers, announced today that it has filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2011 (the "Annual Report") with the Securities and Exchange Commission (the "SEC"). The report may also be accessed through the Investor Relations section of the Company's website at www.box-ships.com. Shareholders may also request a hard copy of the Annual Report, which includes the Company's complete 2011 audited financial statements, free of charge, by contacting Allen & Caron Inc., the Company's investor relations advisor, using the contact details provided below. About Box Ships Inc. Box Ships Inc. is an Athens, Greece-based international shipping company specializing in the transportation of containers. The Company's current fleet consists of seven containerships with a total carrying capacity of 33,237 TEU and a TEU weighted-average age of 4.2 years. The company's shares trade on the New York Stock Exchange under the symbol "TEU." ContactsBox Ships Inc.firstname.lastname@example.orgAllen & Caron Inc.Michael Mason (Investors) email@example.com(212) 691-8087 Len Hall (Media) firstname.lastname@example.org(949) 474-4300 SOURCE Box Ships Inc.
In trading on Wednesday, shares of Box Ships Inc's 9.00% Series C Cumulative Redeemable Perpetual Preferred Shares were yielding above the 12% mark based on its quarterly dividend (annualized to $2.25), with shares changing hands as low as $18.55 on the day. This compares to an average yield of 9.96% in the "Shipping" preferred stock category, according to Preferred Stock Channel.