Diana Containerships is targeting the midsize market as it shores up cash to buy boxships.
The New York-listed shipowner’s main objective are ships of between 5,000 teu and 9,000 teu, chief operating officer Ioannis Zafirakis said in a conference call with analysts.
Executives also signalled that the company’s acquisition strategy is shifting from picking up vessels that provide immediate cash flow to buying vessels that have attractive prices.
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