Diana Containerships Announces Continuation of Time Charter Contract
Diana Containerships Inc. announced that, through a separate wholly-owned subsidiary, it has agreed to extend the present time charter contract with Hapag-Lloyd AG, Hamburg, for one of its Panamax container vessels, Sagitta.
The Sagitta is a 3,426 TEU containership built in 2010.
The gross charter rate is $8,400 per day, minus a 1.25 percent commission paid to third parties, for a period of minimum three months to maximum five months. The new charter period will commence on February 15, 2018.
Diana said it expects Sagitta's employment extension to generate approximately $756,000 of gross revenue for the minimum scheduled period of the time charter.