Box Ships Takes Delivery Of Its Sixth Containership

Press Release
Tuesday, May 31, 2011

Box Ships Inc., (NYSE: TEU), or the Company, a global shipping company specializing in the transportation of containers, announced today that it has taken delivery of the CMA CGM Marlin, a 5,095 TEU container vessel built in 2007, from a company owned by its Chairman, President and CEO, Mr. Michael Bodouroglou. The CMA CGM Marlin has a fixed rate period time charter term expiring in three years (with the charterer option of plus/minus 45 days) with CMA CGM at a gross daily charter rate of $23,000.

Commenting on the recent events, Michael Bodouroglou, Chairman, President and CEO of the Company stated, “With the addition of the CMA CGM Marlin, our total initial fleet, comprising six containerships, has been delivered earlier than expected, placing us on course to pay our first quarterly dividend this August prorated for the second quarter of 2011. We remain alert to identify the proper expansion opportunities in order to take advantage of asset values which remain attractive while the freight market is improving.”

Source: Box Ships

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter January 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Container Ships

Sydney Deep Water Port Project Named NOVAPORTE

The Harbor Port Development Partners (HPDP) and the Port of Sydney announce the new brand for Sydney’s new container terminal: NOVAPORTE and its adjacent logistics park NOVAZONE.

Top 10 Shipowning Nations by Value

VesselsValue has provided a list ranking the top shipowning nations by value, including the percentage change difference against 2015 figures. Although the

Port of Hamburg Reports Bulk Cargo Jump in 2015

The Port of Hamburg reports higher bulk cargo throughput and strong growth in rail and inland waterway seaport-hinterland traffic in 2015 – downturn in container handling.

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Offshore Oil Pipelines Port Authority Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0657 sec (15 req/sec)