Athens-based boxship owner Diana Containerships has agreed with French major CMA CGM to extend the present time charter contract for one of its Panamax container vessels.
Under the deal, Diana Containerships’ 3,739 TEU container vessel, Domingo, will continue working for CMA CGM at a gross charter rate of USD 12,800 per day.
The new charter period, which would last for eight to eleven months, will commence on August 3, 2018.
Diana Containerships informed that the employment extension is expected to generate USD 3.07 million of gross revenue for the minimum scheduled period of the time charter extension.
The 2001-built Domingo is currently chartered at a gross charter rate of USD 8,500 per day.
Upon completion of the previously announced sale of a Post-Panamax container vessel Hamburg, Diana Containerships’ fleet will consist of 4 container vessels.