Diana Containerships Announces Continuation of Time Charter Contract for m/v Domingo with CMA CGM

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Diana Containerships Inc has 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 Domingo.

The gross charter rate is US$12,800 per day, minus a 3.5% commission paid to third parties, for a period of minimum eight (8) months to maximum eleven (11) months. The new charter period will commence on August 3, 2018. The m/v Domingo is currently chartered, as previously announced, at a gross charter rate of US$8,500 per day, minus a 3.5% commission paid to third parties.

The “Domingo” is a 3,739 TEU container vessel built in 2001. The employment extension of “Domingo” is anticipated to generate approximately US$3.07 million of gross revenue for the minimum scheduled period of the time charter extension.

Sea News, July 11