Greece: Box Ships Takes Delivery of Its Eighth Vessel

Box Ships Inc., a global shipping company specializing in the transportation of containers, announced that on June 25, 2012 it took delivery of its eighth vessel, the OOCL Hong Kong, a 5,344 TEU Post-Panamax containership built in 1995 at the Samsung shipyard in Korea.

The vessel is chartered to Orient Overseas Container Lines Ltd. (“OOCL”) for a period of thirty-six (36) months plus or minus thirty days (30) at a net daily rate of US$26,465. The Company has agreed to acquire one additional 5,344 TEU Post-Panamax containership built in 1996, the OOCL China, which is expected to be delivered on or prior to July 14, 2012 and will also be chartered to OOCL for a period of thirty-six (36) months plus or minus thirty days (30) at a net daily rate of US$26,465.

[mappress]

Source: Box Ships, June 27, 2012