Diana Containerships Announces Time Charter Contract

Diana Containerships Inc., a global shipping company specializing in the ownership of containerships, has announced that, through a separate wholly-owned subsidiary, it entered into a time charter contract with Zim Integrated Shipping Services Ltd, for one of its Panamax container vessels, the m/v Pamina (ex Santa Pamina).

The gross charter rate is $15,325 per day, minus a 4% commission paid to third parties, for a period of minimum 10 months to maximum 12 months. The charter is expected to commence by the end of May 2015.