Nasdaq-listed shipping company Diana Containerships has through two of its wholly owned subsidiaries inked two Memoranda of Agreement to acquire from an unaffiliated third party two 6,500teu boxships, the m/v Rotterdam and the m/v Hamburg.

The 2008-built Rotterdam was bought for US$37.5m, and is expected to be delivered to Diana by mid-September 2015.

The Hamburg was built in 2009 and the price is US$38.5m. The m/v Hamburg is anticipated to be delivered by the end of November 2015.

The m/v Hamburg is chartered to MSC-Mediterranean Shipping Co. S.A., Geneva, at a gross charter rate of US$14,000 per day minus 3.75% commission paid to third parties.

Based on the existing time charterparty, the charterer has the option to redeliver the vessel at any time between Jan. 13, 2016 and March 13, 2016.

The closing of the transaction for the purchase of m/v Hamburg is subject to the signing of a novation agreement to the time charter contract of the vessel.