ADDENDUM No. 1 TO THE MEMORANDUM OF AGREEMENT REGARDING M/V “MAERSK MADRID” (THE “VESSEL”) BETWEEN MAERSK LINE UK LTD. (THE “SELLERS”) AND RALIK SHIPPING COMPANY INC. (THE “BUYERS”)

EXHIBIT 10.9

FIRST ORIGINAL OF TWO

ADDENDUM No. 1

TO THE MEMORANDUM OF AGREEMENT

REGARDING M/V “MAERSK MADRID”
(THE “VESSEL”)

BETWEEN

MAERSK LINE UK LTD.
(THE “SELLERS”)

AND

RALIK SHIPPING COMPANY INC.
(THE “BUYERS”)

With reference to the Memorandum of Agreement dated 13 April 2011 (the “Agreement”) between the Sellers and the Buyers regarding the sale of the Vessel the following change has been agreed:

Vessel details: Flag, Call sign and Place of Registration, shall be deleted in full, and replaced as follows:

Flag: Dutch

Call sign: PBMQ

Place of registration: Rotterdam, Netherlands

All other terms of the Memorandum of Agreement to remain unchanged.

IN WITNESS WHEREOF, the parties hereto have caused this addendum to be executed by their respective authorised representatives on 20 April 2011.

For and on behalf of Sellers:		For and on behalf of Buyers:
Maersk Line UK Ltd.		Ralik Shipping Company Inc.
/s/ Xxxx Xxxxxxxxxxx/Xxxx Xxxxx		/s/ Xxxxxx Xxxxxx For and on behalf of Guarantor:
		Xxxxx Containerships Inc.
		/s/ Xxxxxxx Xxxxxxxxx