Diana Containerships announces charter contract for mv Puelo with Mitsui O.S.K. Lines

By Vessels

Diana Containerships Inc. (NASDAQ: DCIX), a global shipping company specializing in the ownership of containerships, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Mitsui O.S.K. Lines, Ltd., for one of its Post-Panamax container vessels, the m/v Puelo.

Diana Containerships announces charter contract for mv Puelo with Mitsui O.S.K. Lines
Caption: Container ship Puelo - Image courtesy of Diana Containerships

The gross charter rate is US$14,600 per day, minus a 1.25% commission paid to third parties, for a period of about 50 days.

The charter is expected to commence on June 13, 2017. The m/v Puelo is currently chartered, as previously announced, to MSC-Mediterranean Shipping Co. S.A., Geneva at a gross charter rate of US$6,500 per day, minus a 3.75% commission paid to third parties.

The Puelo is a 6,541 TEU container vessel built in 2006.

This employment is anticipated to generate approximately US$730,000 of gross revenue for the scheduled period of the time charter.

Diana Containerships Inc.’s fleet currently consists of 12 container vessels (6 Post-Panamax and 6 Panamax).

Source: Diana Containerships