28814 members and growing – the largest networking group in the maritime industry!

LoginJoin

Friday, November 27, 2020

Maritime Logistics Professional

Posted by February 1, 2018

Diana Containerships Announces Continuation of Time Charter Contract

Sagitta (Photo: Diana Containerships)

Sagitta (Photo: Diana Containerships)

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.

 

Diana Containerships Inc.Hapag-Lloyd AGwholly-owned subsidiary