Sale of 6 vessels in Q4 2016

During Q4 2016 Oceanbulk Containers completed the sale of 6 10,000 TEU vessels, Cezanne, Dali, Maersk Saltoro, Maersk Sirac, Maersk Stadelhorn and Maersk Shams to unrelated third parties. The company’s current fleet stands at two 10,000 TEU containers under a long-term charter agreement with CMA CGM. Currently its orderbook comprises of five 11,000 TEU containers to be delivered until Q4 2018.