Diana Containerships charters Panamax to Hyundai Merchant Marine

Diana Containerships has entered into a time charter contract with Hyundai Merchant Marine its Panamax container vessel Pamina.

The gross charter rate is US$11,950 per day, for a minimum period of eight months to a maximum of twelve months.

The charter will commence on August 24, 2018. The vessel is currently chartered to Orient Overseas Container Line at a gross charter rate of US$9,500 per day.

Pamina is a 5,042TEU container vessel built in 2005.

This employment is anticipated to generate approximately US$2.87 million of gross revenue for the minimum scheduled period of the time charter.

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