CMA CGM Hires Diana Containerships' Domingo

Maritime Activity Reports, Inc.

August 18, 2017

Domingo. Photo:  Diana Containerships Inc.

Domingo. Photo: Diana Containerships Inc.

 Diana Containerships Inc., a global shipping company specializing in the ownership of containerships, announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with CMA CGM, Marseille, for one of its Panamax container vessels, the m/v Domingo. 

The gross charter rate is US$8,500 per day, minus a 3.5% commission paid to third parties, for a period of minimum 8 months to maximum  11 months. The charter will commence on September 15, 2017. 
The m/v Domingo is currently chartered to Nile Dutch Africa Line B.V. at a gross charter rate of US$6,000 per day, minus a 5% commission paid to third parties. The “Domingo” is a 3,739 TEU container vessel built in 2001.
This employment is anticipated to generate approximately US$2.04 million of gross revenue for the minimum scheduled period of the time charter.
Diana Containerships Inc.’s fleet currently consists of 11 container vessels (6 Post-Panamax and 5 Panamax).
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