Diana Containerships Continues TC for m/v Pucon With OOCL

Maritime Activity Reports, Inc.

May 28, 2018

Pucon. Photo: Diana Containerships Inc.

Pucon. Photo: Diana Containerships Inc.

 Diana Containerships announced that, through a separate wholly-owned subsidiary, it has agreed to extend the present time charter contract with Orient Overseas Container Line Ltd., Hong Kong, for one of its Post-Panamax container vessels, the m/v Pucon.

The gross charter rate is US$18,000 per day, minus a 3.75% commission paid to third parties, for a period of minimum eight months to maximum twelve months. The new charter period will commence on June 22, 2018. 
The m/v Pucon is currently chartered, as previously announced, at a gross charter rate of US$10,750 per day, minus a 3.75% commission paid to third parties.
The “Pucon” is a 6,541 TEU container vessel built in 2006.
The employment extension of “Pucon” is anticipated to generate approximately US$4.32 million of gross revenue for the minimum scheduled period of the time charter extension.
Upon completion of the previously announced sales of two Post-Panamax container vessels, Diana Containerships Inc.’s fleet will consist of 4 container vessels (2 Post-Panamax and 2 Panamax).
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