Diana Containerships Inc. fixes “Puelo” with Maersk and “Centaurus” with CMA CGM

Chartering, Containers, Markets, Stock Markets — By on July 13, 2017 at 4:38 PM

Diana Containerships Inc. Announces Time Charter Contract for m/v Puelo with Maersk and Direct Continuation of Time Charter Contract for m/v Centaurus with CMA CGM

ATHENS, GREECE, July 13, 2017 – Diana Containerships Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of containerships, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Maersk Line A/S for one of its Post-Panamax container vessels, the m/v Puelo, for a period of minimum eight (8) months to maximum eighteen (18) months. The gross charter rate is US$10,600 per day for the first eight (8) months of the charter period and US$12,000 per day for the balance period of the time charter, in each case minus a 5.0% commission paid to third parties. The charter is expected to commence on August 2, 2017.

The “Puelo” is a 6,541 TEU container vessel built in 2006.

The Company also announced that, through a separate wholly-owned subsidiary, it has agreed to extend the present time charter contract with CMA CGM, Marseille, for one of its Panamax container vessels, the m/v Centaurus, for a period of minimum eight (8) months to maximum twelve (12) months. The gross charter rate is US$7,950 per day, minus a 3.5% commission paid to third parties. The new charter period is expected to commence on August 23, 2017.

The “Centaurus” is a 3,426 TEU container vessel built in 2010.

The employment of “Puelo” as well as the employment extension of “Centaurus” are anticipated to generate approximately US$4.45 million of gross revenue for the minimum scheduled period of the time charters.

Diana Containerships Inc.’s fleet currently consists of 11 container vessels (6 Post-Panamax and 5 Panamax). A table describing the current Diana Containerships Inc. fleet can be found on the Company’s website, www.dcontainerships.com. Information included on the Company’s website does not constitute a part of this press release.

About the Company

Diana Containerships Inc. is a global provider of shipping transportation services through its ownership of containerships. The Company’s vessels are employed primarily on time charters with leading liner companies carrying containerized cargo along worldwide shipping routes.

Tags: , ,

Leave a Reply

IMPORTANT! To be able to proceed, you need to solve the following simple math (so we know that you are a human) :-)

What is 10 + 8 ?
Please leave these two fields as-is:

Trackbacks

Leave a Trackback